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Google's Stake In SpaceX Could Be Worth $122 Billion At IPO
Google's Stake In SpaceX Could Be Worth $122 Billion At IPO
A long-held investment by Alphabet Inc. in SpaceX could become one of its most valuable bets if the rocket company moves ahead with a public listing, according to Bloomberg.
Regulatory filings indicate Google owned about 6.11% of SpaceX at the end of 2025. At a projected $2 trillion IPO valuation, that stake would be worth roughly $122 billion. After SpaceX’s merger with xAI, the holding is estimated to have diluted to around 5%, or about $100 billion at the same...
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Mar 7, 2026 / Tyler Durden
Mind-Numbing Irony: US Asks Ukraine's Help To Shoot Down Iran's Shahed Drones In Gulf
Mind-Numbing Irony: US Asks Ukraine's Help To Shoot Down Iran's Shahed Drones In Gulf
In the ultimate irony of ironies, Financial Times is reporting US officials are discussing the purchase of Ukrainian-made drone interceptors to counter Iranian drones, which some analysts say have proven harder to stop than expected.
Patriot missile interceptors used by US allies cost more than $4 million each, while the Ukrainian systems are significantly cheaper and designed to defeat the same Shahed-type drones used by Russia.
Image source: Come Back Alive Foundation
Supplies are dwindling and costs are soaring, after approaching...
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May 7, 2026 / Tyler Durden
DOJ To Ask Supreme Court To Intervene In E. Jean Carroll's Lawsuit Against Trump
DOJ To Ask Supreme Court To Intervene In E. Jean Carroll's Lawsuit Against Trump
Authored by Matthew Vadum via The Epoch Times,
The U.S. Department of Justice (DOJ) said it will ask the U.S. Supreme Court to allow it to intervene in President Donald Trump’s appeal of the $83.3 million jury award E. Jean Carroll won against him in a defamation lawsuit.
The DOJ will ask the Supreme Court to substitute the United States for Trump in the lawsuit, arguing that in 2019, during his first term as president, when Trump denied...
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Feb 14, 2026 / Tyler Durden
Bitcoin Mining & The Electricity Grid: A Quiet Savior
Bitcoin Mining & The Electricity Grid: A Quiet Savior
Authored by Joakim Book via The Mises Institute,
With all eyes on the winter storm raging through America last month, a silent hero was working in the background to keep the lights on.
And I don’t primarily mean the emergency workers or the teams of electricians, foresters, and engineers that keep the power lines up and ice-free; these guys operate very much in the foreground, the public well aware of their critical work.
Before and during winter storms, the electricity supply becomes strained and household demand...
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