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Massive SpaceX IPO Demand Coming From Gulf Sovereign Wealth Funds
Massive SpaceX IPO Demand Coming From Gulf Sovereign Wealth Funds
One week ago, SpaceX kicked off its institutional roadshow, headlined by JPMorgan CEO Jamie Dimon, who hosted a nationwide "live interactive discussion" with private wealth clients.
The latest signal of investor demand comes from the Gulf, where massive sovereign wealth funds are reportedly seeking allocations in the IPO ahead of its expected Friday debut, according to Bloomberg News.
The report says Saudi Arabia's Public Investment Fund and Kuwait Investment Authority have each placed orders for the IPO worth $1 billion to...
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Sep 5, 2026 / Tyler Durden
Citadel Eyes US Shale As Oil Trading Moves Closer To The Wellhead
Citadel Eyes US Shale As Oil Trading Moves Closer To The Wellhead
Authored by Julianne Geiger via OilPrice.com,
Citadel is shopping for U.S. oil production assets, including a previous bid for WildFire Energy before Magnolia Oil & Gas agreed to buy the Eagle Ford producer for $4.06 billion.
Reuters reported Friday that the hedge fund and commodities trader has held talks with several private-equity owners of oil-weighted exploration and production companies in recent weeks.
WildFire would have given Citadel roughly 53,000 barrels of oil equivalent per day of production, about 70% of it...
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Sep 27, 2026 / Tyler Durden
US Stealth Bomber Base In UK On "Delta" Alert As Counter-Terror Police Make Arrests, Deploy Bomb Squad Search Of Vans
US Stealth Bomber Base In UK On "Delta" Alert As Counter-Terror Police Make Arrests, Deploy Bomb Squad Search Of Vans
British counterterrorism police declared a major incident near RAF Fairford, an airbase used by the US Air Force, after several men were arrested on suspicion of explosives offenses. RAF Fairford was reportedly placed on "Delta," the highest threat level, according to the national news agency Press Association, now known as PA Media.
PA Media reports that military bomb disposal specialists were examining vehicles in Whelford, Gloucestershire, where authorities declared a major...
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Aug 6, 2026 / Dave DeCamp
Ukrainian Drone Attacks in Russia Hit Oil Refineries, Kill at Least Two Civilians
Ukraine launched another major drone swarm into Russia on Thursday, killing at least two civilians and hitting two oil refineries, attacks that came after a day of major Russian missile strikes in Kyiv. Yegor Kovalchuk, the acting governor of Russia’s Bryansk Oblast, said that the two civilians were killed by Ukrainian attacks on towns in […]
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