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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 1, 2026 / Tyler Durden
Poland Rejects 'Unofficial' US Request To Redeploy Patriot Batteries To Mideast
Poland Rejects 'Unofficial' US Request To Redeploy Patriot Batteries To Mideast
Via The Cradle
Poland has rejected an "unofficial" US request to deploy one of its Patriot air defense systems to West Asia, Polish Defense Minister Władysław Kosiniak-Kamysz announced on Tuesday, following reports by Polish daily Rzeczpospolita that Washington had informally approached Warsaw amid rising regional tensions.
"Our Patriot batteries and their armaments are used to protect Polish airspace and NATO's eastern flank. Nothing is changing in this regard and we are not planning to move them anywhere!" Kosiniak-Kamysz stated.
Still frame via the...
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Jun 8, 2026 / Tyler Durden
Spain-Style Blackout Risk Rises As ERCOT Flags Boston-Sized Data Center Loads Tripping Offline
Spain-Style Blackout Risk Rises As ERCOT Flags Boston-Sized Data Center Loads Tripping Offline
The Electric Reliability Council of Texas (ERCOT) gave the market another concrete reason to stop pretending the grid can absorb unlimited hyperscale load growth on top of an already strained generation mix.
In a May 21st report, ERCOT disclosed that multiple clusters of proposed data centers and crypto facilities failed voltage ride-through testing. When subjected to simulated routine voltage disturbances, such as the kind caused by transmission faults, capacitor switching, or equipment issues, four groups of these large...
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May 6, 2026 / Tyler Durden
Taxpayers Foot Staggering £629 Million Bill For Foreign Nationals In UK Prisons
Taxpayers Foot Staggering £629 Million Bill For Foreign Nationals In UK Prisons
Authored by Steve Watson via Modernity.news,
UK taxpayers are forking out £629 million a year to house 10,487 foreign national offenders in British prisons — a bill that could pay for 16,500 police officers or 15,000 NHS nurses.
While Labour claims it’s deporting record numbers, an ex-prison governor has torn into the “staggering” cost and the “incredibly slow process” that leaves dangerous foreign criminals draining public resources instead of being sent home.
This is the direct result of years of open-borders policies that...
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