Morgan Stanley Projects SpaceX Revenue Hitting Stratospheric $3.4 Trillion In 2040, $2.7 Trillion In EBITDA

Goldman, JPM Block China, Hong Kong Investors From SpaceX IPO SpaceX's institutional roadshow kicked off Thursday, with JPMorgan CEO Jamie Dimon hosting a "live interactive discussion" for ultra-wealthy clients across 90 JPM locations in 26 states. Shortly after, SpaceX's IPO slide deck was made public, likely in a bid to supercharge retail demand for what could be the largest public listing in history. However, one key investor pool appears to be shut out: China and Hong Kong. Bloomberg News reports that SpaceX's underwriters have blocked investors in China and Hong Kong...

Mills Drops Out In Maine Governor's Race As Oysterman With Nazi Tattoo Becomes Democratic Frontrunner Maine Gov. Janet Mills suspended her U.S. Senate campaign Thursday morning, citing a lack of financial resources. That's the official explanation. The more accurate one is that the polls showed her trailing badly to Graham Platner, an oysterman from coastal Maine with no electoral experience.  Mills had every structural advantage working for her: she’d already won a statewide election, had name identification, and the support of Senate Minority Leader Chuck Schumer. The writing was on the...

'Quality Learing Center' And 20 Other Somali-Linked Businesses Raided By FBI, Homeland Security In Minnesota Federal agents from the FBI and Homeland Security Investigations (HSI) executed court-authorized search warrants at more than 20 locations across the Minneapolis area early Tuesday morning, targeting businesses primarily linked to the Somali-American community as part of an ongoing criminal fraud investigation. Fox News congressional correspondent Bill Melugin reported that the Department of Justice confirmed the operation to the network, stating it involves "court-authorized law enforcement activity as part of an ongoing fraud investigation." A separate...