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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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Aug 9, 2026 / Dave DeCamp
US Bombs Somalia for 78th Time This Year
The US launched an airstrike in Somalia on August 7, according to a press release from US Africa Command, as the Trump administration continues its record-shattering bombing campaign in the country. AFRICOM said in a press release that the strike targeted al-Shabaab near Jilib, a village in southern Somalia that’s about 200 miles southwest of […]
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Jul 29, 2026 / Tyler Durden
Trump Admin Asks SCOTUS To Revive Mail-In Voting Order Ahead Of Midterms
Trump Admin Asks SCOTUS To Revive Mail-In Voting Order Ahead Of Midterms Authored by AG News Staff via American Greatness, The Trump administration asked the Supreme Court on Monday to let the president's mail-in voting executive order take effect ahead of the midterms, after a federal appeals court sided with Democrat-led states seeking to keep it blocked just months before Election Day. Trump signed the order in March, directing the Postal Service to restrict delivery of mail-in ballots in states that refuse to hand over lists of eligible voters. It also orders...
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May 30, 2026 / Tyler Durden
Intercepted Iranian Missile Damages U.S. Reaper Drones, Injures Five At Kuwaiti Air Base
Intercepted Iranian Missile Damages U.S. Reaper Drones, Injures Five At Kuwaiti Air Base An Iranian Fateh-110 short-range ballistic missile targeted Kuwait's Ali Al Salem Air Base, a key operational hub for the U.S. Air Force's expeditionary forces in the Gulf region. An initial report from Bloomberg News indicates that Kuwaiti air defenses intercepted the tactical ballistic missile in the last 24 hours, but falling debris struck part of the base, injuring five Americans and damaging one MQ-9 Reaper drone while severely damaging another. About five people, including both contractors and active...
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