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SpaceX Reportedly Targets $135 IPO Price As Morningstar Says Valuation Should Be Halved

SpaceX Reportedly Targets $135 IPO Price As Morningstar Says Valuation Should Be Halved Last week, Elon Musk called Bloomberg's "SpaceX Said to Cut IPO Value" story "false," marking the latest clash between Musk and the MSM over coverage of his companies. Reuters has released a new report, which, based on sources, says SpaceX is planning an IPO at a price of $135 per share, aiming to raise a record $75 billion by selling about 555.6 million shares at an estimated $1.75 trillion valuation. SpaceX's roadshow is expected to begin Thursday, with...
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Mar 26, 2026 / Tyler Durden
Turkey Dumped 58 Tons Of Gold After Iran War Started, Slamming Price
Turkey Dumped 58 Tons Of Gold After Iran War Started, Slamming Price There has been much speculation about the mystery seller(s) that sent gold sliding into a bear market from its January high: was it a sovereign seeking to plug holes in their budget from the recent surge in oil, a "market maker" trying to spark stop loss liquidations, or just retail investors taking profit after one of the best years in history for the precious metal? Today we learned the identity of at least one of the sellers: Turkey’s central...
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Feb 16, 2026 / Tyler Durden
Downdetector Users Report Widespread Outages At X, AWS, Cloudflare
Downdetector Users Report Widespread Outages At X, AWS, Cloudflare Around 8:00 a.m. ET, users on Downdetector reported outages and disruptions on X across the United States. At the same time, the outage tracker also showed a spike in reported issues involving Amazon Web Services and Cloudflare. Downdetector users reported X outages and disruptions across major U.S. cities. Simultaneously, Downdetector users reported outages affecting AWS and Cloudflare, raising the question of whether issues on Musk’s platform are a downstream effect. *Developing... Tyler Durden Mon, 02/16/2026 - 09:30
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Feb 18, 2026 / Tyler Durden
Watch: Macron Calls Free Speech Online 'Pure Bullshit'
Watch: Macron Calls Free Speech Online 'Pure Bullshit' French President Emmanuel Macron on Wednesday said that the notion of free speech on social media platforms - is "pure bullshit," because algorithmically served content can lead to hate speech (such as the right to say his elderly wife has a penis and gives him black eyes). The comments come after the US recently imposed bans on a former European official and pro-censorship activists for trying to police online speech, while US Secretary of State Marco Rubio justifies the moves as pushback against the...
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