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SpaceX Files Confidentially For IPO, Setting Up Record-Breaking Offering
SpaceX Files Confidentially For IPO, Setting Up Record-Breaking Offering
SpaceX has confidentially filed for an IPO, potentially setting up a June listing on U.S. stock exchanges that could become the largest public offering ever. The offering could value the rocket, satellite, and AI company at more than $1.75 trillion and raise as much as $75 billion, far exceeding Saudi Aramco's 2019 IPO record.
Bloomberg states that SpaceX has just submitted a draft IPO registration to the SEC for nonpublic review. That allows SEC staff to review the filing, ask questions,...
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Aug 3, 2026 / Tyler Durden
"I No Longer Trust Anyone..."
"I No Longer Trust Anyone..."
Authored by Todd Hayen via Off-Guardian.org,
Sad, but true. Since the Covid fiasco, I’ve seen the true nature of people - or at least the nature they were willing to show once the fear got turned up and the herd started moving.
Most of them are still firmly under the sheep banner, content to graze wherever they’re told.
A small handful stand under the “critical thinker” banner. Those are the ones I still trust.
The sheepies? I don’t trust them anymore. Did I ever, really? I thought I did, back...
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Nov 12, 2026 / Tyler Durden
US Budget Deficit Explodes: Worst October On Record On Historic Surge In Defense Spending; 28% Of All Taxes Go To Pay Interest
US Budget Deficit Explodes: Worst October On Record On Historic Surge In Defense Spending; 28% Of All Taxes Go To Pay Interest
September was not a terrible month for the US budget deficit; well it wasn't great either, but at just a deficit of $27 billion in the last month of fiscal 2026, at a time when the US traditionally burns through 9 cash digits every month, it was relatively forgettable. One can't say the same thing for October - the first month of fiscal 2027 - when all hell fiscal...
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Sep 22, 2026 / Tyler Durden
Texas Governor Orders Halt To New Data Centers Weeks After Issuing Moratorium
Texas Governor Orders Halt To New Data Centers Weeks After Issuing Moratorium
One month after Texas Governor Greg Abbott ordered a pause on Texas data center approvals pending an audit, overnight the governor doubled down and ordered the state’s environmental watchdog to withhold permits for new data centers until an audit of risks to the power grid is complete.
No authorizations can be given until the Electric Reliability Council of Texas, or Ercot, completes its review, Abbott said in a statement on Monday.
Gov. Abbott directed the TCEQ to halt any new...
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