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Musk Targets Retail Investors For Up To 30% Of SpaceX's IPO Shares
Musk Targets Retail Investors For Up To 30% Of SpaceX's IPO Shares
Elon Musk is planning a highly unconventional IPO for SpaceX, aiming to make it one of the largest public offerings ever, with a target raise in the tens of billions, according to the Wall Street Journal.
Instead of relying solely on the standard investor roadshow, he is considering bringing investors directly to SpaceX sites, where they could tour facilities and potentially witness rocket launches—turning the pitch into an immersive experience designed to build excitement and demand.
A central part of...
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Apr 9, 2026 / Tyler Durden
Medicore 30Y Auction Has First Tail Since November
Medicore 30Y Auction Has First Tail Since November
After a solid 3Y auction and a tepid 10Y auction earlier this week, moments ago the Treasury concluded the final coupon auction of the week, when it sold $22 billion in a 30 year reopening in what was another average auction.
The sale stopped at a high yield of 4.876%, virtually unchanged from 4.871% a month ago and the highest since last July. It also tailed the When Issued 4.871% by 0.5bps, the first tail since November.
The bid to cover was 2.385,...
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Mar 24, 2026 / Tyler Durden
US PMIs Signal Stagflation Fears Accelerating As War Started
US PMIs Signal Stagflation Fears Accelerating As War Started
With 'hard' US macro data having drifted weaker all year, consensus was expecting only a modest decline in S&P Global's US Composite index in preliminary March data (that presumably will be affected in some part by the war and its consequences).
The consensus was right, but the picture was mixed with Manufacturing PMI surprising to the upside (52.4 vs 51.5 exp vs 51.6 prior) - highest since Oct 2025.
Services PMI, on the other hand, disappointed, falling to the lowest since April 2025...
Source: Bloomberg
Overall,...
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Mar 2, 2026 / Mises Institute
Celebrate Murray’s 100th Birthday with Us!
Today would have been Murray Rothbard’s 100th birthday. Help us celebrate!
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