Not sure exactly what is happening with Tech Stocks and Spacex But:

I sort of expected the Tech Bubble to burst at some point. When you have a whole generation of young people without jobs because of AI and Tech Stuff it's pretty easy to see why the Tech Bubble is being burst by their anger alone at not being given their career after so many years and student loans to get educated. They feel angry at the system for destroying their lives now with Student Loans that they might never be able to pay and might force them to move to another country to avoid payment of those loans. But, even that isn't a very good solution because if they returned here at some point then they might be arrested if they ever came back here for non-payment of student loans.

I think it likely would be better to declare bankruptcy for them which freezes your interest for your loans at that point and you still have to pay off your loan in full but all interest goes away with your fixed amount you have to pay back by declaring for example a Chapter 13 Bankruptcy which allows you to keep your car and your home if you have one. Don't do a Chapter 8 because you basically might wind up homeless if you do that. A Chapter 13 you pay off about 10 cents on the dollar usually most of your debts but you still need to pay off your student loans in full over time. But, you need a job like maybe Starbucks or something so you can pay off things and still survive. But, you need a Bankruptcy attorney to do all this with a Chapter 13 Bankruptcy.

I'm writing about this because without their careers many students will never be able to pay off their student loans. I have friends with master's degrees still paying off 90,000 dollars or more in Student loans and they are almost 60 years old now too. So, the more advanced degrees you get this might be another problem too if you cannot find gainful employment in your field of endeavor.

So, Good Luck surviving these times as just graduated College students with degrees or advanced degrees if you have a lot of student loans.

However, if you have the intelligence and fortitude of getting degrees or advanced degrees I think you should also be able to figure out how best to survive all this too.

By God's Grace 

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 SpaceX stock tumbles 23% from its high, as average investor sees gains wiped out 

 

 SpaceX stock tumbles 23% from its high as average investor sees gains wiped out

Just 10 days after the company’s blockbuster IPO, buyers of its initial public shares are in the red.

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SpaceX stock closed Monday at $154.60 per share, meaning average investors who bought shares on the open market have seen most of their gains disappear.Joe Burbank / Orlando Sentinel via Getty Images file

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June 22, 2026, 1:57 PM PDT

By Rob Wile

Shares of Elon Musk’s SpaceX tech conglomerate plunged 16% Monday to close below their price on June 12, the date of its massive initial public offering.

It was the third straight trading day of declines for a company that just 10 days ago orchestrated the largest IPO ever.

At Monday’s closing price of $154.60, average investors who bought SpaceX shares on the open market after its debut have now seen most of their gains disappear, market data shows.

Shares closed at $160.90 on June 12, the day the stock began trading on the Nasdaq exchange. On June 16, they hit a high of $201.80 per share.

When trading ended Monday afternoon, the shares were down about 23% from their peak a week earlier.

The company itself — and holders of its previously privately held shares — made more than $85 billion in the initial public offering. And with a market cap of about $2 trillion, SpaceX remains more valuable than either Walmart or Facebook parent Meta.

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SpaceX makes history in largest ever initial public offering

02:29

SpaceX’s sell-off came amid a broader market drawdown Monday in which shares of Google parent, Alphabet, notched their worst one-day performance in over a year.

The broad S&P 500 index closed down 0.43%, while the tech-heavy Nasdaq fell 1.3%.

Oil prices declined Monday to lows not seen since March amid progress in talks between the U.S. and Iran.

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But that was little comfort to tech investors, who are concerned that short-term inflation will increase the debt burden of mega-cap companies that have borrowed large amounts of money to fund their artificial intelligence infrastructure.

Bloomberg News reported Monday that SpaceX was looking to raise at least $20 billion through a bond sale.

The move spooked investors who are “wary of the substantial cash required to fund technological ambitions,” Jose Torres, a senior economist at Interactive Brokers financial group, said in a note to clients Monday afternoon.

A host of consumer-focused stocks also declined significantly Monday, including Amazon, Chipotle, McDonald’s, Home Depot and Netflix.

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Rob Wile

Rob Wile is a Pulitzer Prize-winning journalist covering breaking business stories for NBCNews.com.

 

When did the Tech Bubble Burst Last?

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The tech bubble (commonly known as the dot-com bubble) last burst in March 2000. The tech-heavy Nasdaq Composite Index peaked on March 10, 2000, before beginning a prolonged, multi-year decline that erased nearly 80% of its market value by the time it bottomed out in October 2002. 

The collapse reshaped the technology sector and the broader economy through several specific phases: 

• The Peak: Between 1995 and its peak in 2000, heavy venture capital investment in internet-based startups with little to no profit caused the Nasdaq to skyrocket by 600%. 
• The Crash: The speculative bubble popped when venture capital dried up, forcing countless unprofitable dot-com startups into bankruptcy. 
• The Aftermath: By October 2002, the Nasdaq had plummeted 78% from its peak. Many companies, such as Amazon, Priceline, and eBay, survived the crash, while others like Pets.com completely dissolved. 

For a deeper dive into how this historical event compares to today's markets, you can read the Investopedia overview of the dot-com bubble or explore Wikipedia. 

If you are interested, I can provide:

• Lessons learned from the dot-com crash
• How historical tech valuations compare to today's market

Let me know what you'd like to explore further.

• Dot-com bubble - Wikipedia

  The dot-com bubble (or dot-com boom) was a stock market bubble that developed during the late 1990s and peaked on March 10, 2000. ...

  

  

  Wikipedia
• Understanding the Dotcom Bubble: Causes, Impact, and ...

  Apr 11, 2026 — Erika Rasure is globally-recognized as a leading consumer economics subject matter expert, researcher, and educator. She is a fina...

  

  

  Investopedia
• The Dotcom Bubble Burst (2000) - International Banker

  Sep 29, 2021 — Thanks mainly to speculation and substantial funding for these new internet start-ups, investments in dot-coms (named as such for ...

  

  

  International Banker

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AI responses may include mistakes. For financial advice, consult a professional. Learn more

Global tech sell-off intensifies, led by AI and chip stocks (Is the tech bubble bursting again?)

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Global tech sell-off intensifies, led by AI and chip stocks

The selling was the latest in many “gut check moments” for tech stocks recently, analysts said.

10 years after Brexit, Keir Starmer’s resignation highlights Britain’s deeper issues

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10 years after Brexit, Keir Starmer’s resignation highlights Britain’s deeper issues

Only a handful of countries have experienced more recent churn at the top of government than the U.K.

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Starmer resigns as British prime minister, clearing the path for the country’s 7th leader in a decade

ACLU to monitor election certification as part of $50 million midterm effort

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 ACLU to monitor election certification as part of $50 million midterm effort

The town used for Patience, Colorado was actually Ladysmith on Vancouver Island near Victoria BC on the Island in "Resident Alien"

I had wondered for a long time what town they used for Patience, Colorado in Resident Alien. I had thought it was in Colorado but it is actually Ladysmith on Vancouver Island in British Columbia, Canada. We used to go stay at Victoria, BC on Vancouver Island because my daughters' liked riding across on the Ferries from Anacortes, Washington. However, you can also drive into Vancouver, BC Canada and then take a ferry from there over to Vancouver Island and Victoria BC Canada too. However, if you drive north to Port Hardy it's about 4 hours drive so make sure you have a place to stay on the north of Vancouver Island before you go that far north by car or truck or motorcycle or Bicycle or on foot. 

 

 

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The exterior scenes and Main Street for the fictional town of Patience, Colorado, are actually filmed in Ladysmith, a small coastal town on Vancouver Island in British Columbia, Canada. 

Key filming locations in and around Ladysmith include:

• First Avenue: The primary street used for the town's storefronts, including Mama Sap's Pizza and the sheriff's station. 
• Britannia Beach: Used for the exterior shots of Harry Vanderspeigle's lakeside cabin. 
• Vancouver Area: Interior scenes, such as the health clinic and bar, are shot on custom-built sets at soundstages in Delta and North Vancouver. 
• Colorado Views: The sweeping aerial shots seen in the show are digitally composited, often featuring the mountains around Telluride, Colorado. 

If you are planning a trip, I can provide details on how to get to Vancouver Island from the Portland, OR area, or list local Ladysmith businesses and cafes featured on the show!

• Where is SYFY's Resident Alien Filmed?

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• They keep changing the background of Patience...and it's driving me ...

  Mar 11, 2021 — Consider that this footage may have several layers of digital effects over it." ... It's Telluride. Don't think they filmed there,

  

  

  Reddit·r/ResidentAlienTVshow
• What town is shown in the aerial view of Patience in the TV show ...

  Apr 30, 2024 — In the first season they said the town was 1000 people. That town has way more than 1000 people. ... The town is CGI. One town wit...

  

  

  Facebook·Official Resident Alien Fan Page

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