Jun 22, 2026 · 6 min
SpaceX slips on bond sale while Getty Images surges on OpenAI deal
SpaceX Slips, Lucid Declines, Getty Images Soar
This episode highlights how artificial intelligence ambitions are driving massive market volatility, from SpaceX raising debt for AI development to Getty Images soaring on a tech partnership.
- 1SpaceX stock declined 16 percent over three days following its first-ever investment-grade bond sale to fund AI development.
- 2Lucid Group cut 18 percent of its workforce and eliminated its COO position to combat ongoing electric vehicle market pressures.
- 3Getty Images shares surged up to 145 percent intraday after securing a major visual display partnership with OpenAI.
Don't miss
Getty Images shares skyrocket by 145 percent intraday following the announcement of its partnership with OpenAI.
The brief
A major shift is occurring in corporate finance as SpaceX issues its first-ever investment-grade bonds. While the aerospace giant seeks to secure massive funding for its artificial intelligence ambitions, the market responded with a three-day, 16 percent stock slide.
At the same time, the electric vehicle sector continues to face harsh headwinds. Lucid Group announced an 18 percent workforce reduction alongside the elimination of its chief operating officer position, sending its stock down by 3.7 percent as it streamlines.
The day's most explosive move belonged to Getty Images. Following a blockbuster display partnership with OpenAI, Getty shares experienced a massive intraday surge of up to 145 percent, demonstrating the massive premium investors place on AI-driven distribution deals.
What was said on this episode
6 statements · 2 positive · 4 negative
SpaceX stock fell about 16% over three consecutive declining days.
“the stock falling about 16% for its third straight day of declines”
Listen at 1:11
Lucid is cutting its U.S. workforce by 18%.
“The EV company slashing its US workforce by 18%.”
Listen at 2:50
Lucid has been struggling during the current year.
“the company's really been struggling so far this year”
Listen at 3:05
Lucid stock is down about 51% year to date.
“Down about 51% year to date.”
Listen at 3:08
Getty Images stock rose as much as 145% intraday and ended 90% higher.
“the stock soaring 100 as much as 145% intraday, but ending higher by 90% on the day”
Listen at 3:50
Getty Images had its best stock-market day since July 2022.
“That is the best day that we've seen since July of 2022.”
Listen at 3:57
Statements are attributed to the speaker as said on the episode and reflect their view at the time, not PodLume's. They are not advice.
Featuring
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