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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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Apr 6, 2026 / Tyler Durden
JPM's Dimon Warns Of "Skunk At Party," Talks Credit Cycles, Touts U.S. Military Power
JPM's Dimon Warns Of "Skunk At Party," Talks Credit Cycles, Touts U.S. Military Power
JPMorgan CEO Jamie Dimon began his annual shareholder letter on Monday by tying the bank's legacy to the nation's history: "In 2026, America is celebrating its 250th anniversary. This year, we are also celebrating the 227th anniversary of JPMorgan Chase, which was founded in April 1799."
Quick Summary
Dimon used his annual letter to tout another year of record financial results, while warning that investors may be underestimating the risks building across the global economy. These risks include...
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May 20, 2026 / Joseph Solis-Mullen
The Minerals Consortium Will Result in Malinvestment
Washington is pursuing industrial policy again, this time being an attempt to form a minerals consortium with other countries to secure minerals vital to US manufacturing. No doubt, this initiative will end up on the ash heap of bad policy.
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Mar 17, 2026 / Tyler Durden
Fire Erupts Atop Manhattan Skyscraper
Fire Erupts Atop Manhattan Skyscraper
Dramatic footage has flooded X, showing what appears to be a fire atop a skyscraper in Midtown Manhattan at 6 East 43rd Street, New York City.
The FDNY is operating at a fire on East 43rd Street in Manhattan. pic.twitter.com/SlJ0UrbSY8
— FDNY (@FDNY) March 17, 2026
6 East 43rd Street is on fire. #nyc #fire pic.twitter.com/6rEynZ3u9J
— John Smith (@JohnSmithrx3e) March 17, 2026
Going on right now in Manhattan job site my son is on pic.twitter.com/wbkZPPGQ7T
— PeterAnthony (@PeterA1331) March 17, 2026
*Developing
Tyler Durden
Tue, 03/17/2026 -...
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