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Sequoia Partner Shaun Maguire: SpaceX's New Millionaires Will Fund Pro-America Projects
Sequoia Partner Shaun Maguire: SpaceX's New Millionaires Will Fund Pro-America Projects
SpaceX's planned IPO next Friday will be a major wealth-creation event for current and former employees, including engineers, technicians, mariners, welders, and other salaried workers who have accumulated equity over the years.
Elite liberals who earned unproductive, 'woke' degrees and are drowning in $100,000 or more in student debt, working two jobs, won't be able to stomach that the basic SpaceX welder working on Starship will become an overnight millionaire next Friday.
There will be thousands of new millionaires next Friday...
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Apr 9, 2026 / Tyler Durden
Indiana Suspends Gas Sales Tax Amid US–Iran War
Indiana Suspends Gas Sales Tax Amid US–Iran War
Authored by Zachary Stieber via The Epoch Times (emphasis ours),
Indiana has suspended its gas sales tax for 30 days as prices keep rising amid the United States’ war with Iran.
Indiana Gov. Mike Braun (C) speaks during a press conference in Gary, Ind., on Oct. 30, 2025. Jamie Kelter Davis/Getty Images
Gov. Mike Braun announced the suspension on April 8.
“I am declaring a gas tax holiday to give Hoosiers relief from the pain at the pump from high gas prices,” Braun said in a...
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Apr 27, 2026 / Tyler Durden
5Y Auction Tails Despite Jump In Foreign Demand, Yields Hit Session High
5Y Auction Tails Despite Jump In Foreign Demand, Yields Hit Session High
After a mediocre 2Y auction to start the week's coupon issuance this morning, moments ago the Treasury sold 5Y notes in another average auction.
The sale of $70BN in 5 Year paper stopped at a high yield of 3.955%, down fractionally from 3.980% last month, and tailing the When Issued 3.950% by 0.5bps. This was an improvement from last month's 1.4bps tail, but more concerningly this was the 11th tail in a row for 5Y issues.
The bid to cover...
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May 1, 2026 / Tyler Durden
Memory Stick Prices Refuse To Come Back To Earth
Memory Stick Prices Refuse To Come Back To Earth
Apple CEO Tim Cook's warning during Thursday evening's earnings call about the deepening global memory shortage sent us back to review memory stick prices.
Let's review what Cook said…
"We believe memory costs will drive an increasing impact on our business," Cook told analysts, while also warning about "supply constraints." He added, "We'll continue to evaluate this."
It wasn't just Cook warning about memory prices this week. Meta and Microsoft also noted in their earnings results that higher prices contributed to their elevated...
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