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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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Sep 10, 2026 / Tyler Durden
Diesel Crunch Set To Worsen As Refining Capacity Falls Short, Industry Warns
Diesel Crunch Set To Worsen As Refining Capacity Falls Short, Industry Warns
The global diesel market - already trading at record prices - is set to further tighten in the coming months and keep fuel prices high, raising the prices of all goods and threatening the inflation targets of the central banks.
Industry officials, who gathered at the APPEC petroleum conference in Singapore this week, warned that the market has not seen the worst of the diesel crisis yet. Analysts say the real stress in oil markets is in the diesel...
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Apr 16, 2026 / Tyler Durden
Sotomayor Apologizes After Criticizing Kavanaugh Over Immigration Case
Sotomayor Apologizes After Criticizing Kavanaugh Over Immigration Case
Authored by Tom Gantert via The Epoch Times,
U.S. Supreme Court Associate Justice Sonia Sotomayor apologized in a statement for comments she recently made about Associate Justice Brett Kavanaugh.
“At a recent appearance at the University of Kansas School of Law, I referred to a disagreement with one of my colleagues in a prior case, but I made remarks that were inappropriate,” Sotomayor said in the statement released by the Supreme Court.
“I regret my hurtful comments. I have apologized to my colleague.”
Sotomayor was...
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Aug 18, 2026 / Jason Ditz
New Wave of Displacement in Lebanon as Israeli Occupation Looks Increasingly Permanent
Though the various “ceasefire” agreements between the Israel and Lebanon governments never really were at the point where anyone said it was safe for the 1.5 million displaced civilians to attempt to return home, the lack of provisions for the long-term displacement meant some 800,000 tried to go home when the situation calmed down even […]
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