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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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Mar 6, 2026 / Tyler Durden
Oracle & OpenAI Scrap Texas Data Center Expansion Plan, Sending AI Stocks Lower
Oracle & OpenAI Scrap Texas Data Center Expansion Plan, Sending AI Stocks Lower
AI-related stocks are sliding late in the New York cash session after Bloomberg News reported that Oracle and OpenAI have scrapped plans to expand the Stargate AI data center in Abilene, Texas, from about 1.2 GW to 2.0 GW. Sources said the expansion was canceled after talks stalled over financing issues and OpenAI's changing demand forecasts.
However, the collapse of the Oracle-OpenAI plans has opened the door for Meta, which is now in talks to lease the...
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Mar 1, 2026 / Gerry Nolan
THE LAST ENTRY: Iraq. Syria. Lebanon. Libya. Somalia. Sudan. Iran.
At 2:30 in the morning February 28, Washington time, a president who once promised to end the forever wars posted an eight-minute video to Truth Social and announced the beginning of a new one. Operation Epic Fury, they called it. Epic. Fury. The marketing department of imperial collapse has never worked harder. B-2 bombers. Carrier-launched […]
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Mar 6, 2026 / Tyler Durden
Russia Giving Iran Targeting Intelligence Of American Warships, Aircraft: US Officials
Russia Giving Iran Targeting Intelligence Of American Warships, Aircraft: US Officials
The Trump-ordered US-Israeli attack on Iran is continuing to create an array of 'unknowns' while steadily drawing in outside powers, with the most significant Friday development being The Washington Post reporting that Russia has been providing Iran with intelligence on the locations of US military assets in the Middle East, including warships and aircraft.
US officials described the effort as "a pretty comprehensive effort" by Moscow, though the accuracy of the intelligence remains unclear - the paper admits. What follows is the money quote:
"Russia...
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