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"False": Musk Denies Bloomberg Report About SpaceX IPO Valuation Drop
"False": Musk Denies Bloomberg Report About SpaceX IPO Valuation Drop
Summary:
Musk says the Bloomberg report is "false"
SpaceX Reportedly Lowers IPO Valuation Target, as per Bloomberg
Musk Rejects Bloomberg Report
Yet again, corporate media is pushing fake news against Elon Musk.
This time, Musk called a Bloomberg report that cited unnamed sources and claimed SpaceX had lowered its IPO valuation target "false."
False
— Elon Musk (@elonmusk) May 29, 2026
SpaceX IPO closing market cap above $1.8T?
Yes 90% · No 10%View full market & trade on PolymarketThere was speculation earlier this week of a SpaceX-Tesla merger in...
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Asia Burns More Coal As Middle East War Sends LNG Prices to 3-Year Highs
Asia Burns More Coal As Middle East War Sends LNG Prices to 3-Year Highs
Submitted by Tsvetana Paraskova of OilPrice.com,
Coal is back with a bang in Asia’s power generation, as countries scramble to contain the LNG supply shortage due to the war in the Middle East.
Coal hasn’t really left most Asian economies, which rely on the fuel for much of their power generation. Amid the squeeze of natural gas supply due to the de facto closed Strait of Hormuz and the sky-rocketing LNG prices that few buyers in Asia can...
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