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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 4, 2026 / Tyler Durden
Watch: Bessent Teases 'Series Of Announcements' To Stabilize Oil; Says Trump's 15% Tariff Will Kick In This Week
Watch: Bessent Teases 'Series Of Announcements' To Stabilize Oil; Says Trump's 15% Tariff Will Kick In This Week
Authored by Andrew Moran via The Epoch Times (emphasis ours),
President Donald Trump’s 15 percent global tariff will take effect sometime this week, Treasury Secretary Scott Bessent said.
Following the Supreme Court’s rebuke of the president’s signature economic policy last month, Trump imposed a 10 percent global tariff, invoking Section 122 of the Trade Act of 1974. A day later, Trump pledged to raise the rate to 15 percent.
Treasury Secretary Scott Bessent testifies before...
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Mar 23, 2026 / Tyler Durden
DOJ Moves For Permanent Dismissal Of Charges Against 2 Ex-Cops In Breonna Taylor Case
DOJ Moves For Permanent Dismissal Of Charges Against 2 Ex-Cops In Breonna Taylor Case
Authored by Troy Myers via The Epoch Times,
The Department of Justice (DOJ) is looking to permanently dismiss the cases against two former Louisville police officers connected to the night Breonna Taylor was killed six years ago, according to court documents filed Friday.
Former Detective Joshua Jaynes and former Sgt. Kyle Meany were accused of falsifying a warrant that led to the botched police raid on her apartment the night she died. Federal prosecutors said in the motion...
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May 8, 2026 / Tyler Durden
Closer Look Reveals April Jobs Report Was A Disaster, And AI Is Now Here To Take Your Job
Closer Look Reveals April Jobs Report Was A Disaster, And AI Is Now Here To Take Your Job
On the surface today's jobs report was very strong: headline payrolls came in nearly double the expected (115K vs 65K), with unemployment flat just so Trump's chief economist Kevin Hassett could push bullish taking points in today's TV circuit such as this one.
*HASSETT: 'RIP-ROARING' JOBS MARKET
Unfortunately, below the surface this was the ugliest jobs report in years, and one could say even more cooked than last month's laughable surge in jobs (which...
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