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SpaceX Prices Biggest Ever IPO At $135 Per Share
SpaceX Prices Biggest Ever IPO At $135 Per Share
While there was little doubt as to SpaceX's actual IPO price, which due to its novel structure was always going to be $135, and unlike the proposed IPO price ranges as is customary for other initial offerings, moments ago SpaceX made it official when it filed a free writing prospectus (FWP) which confirmed the company sold 555.6 million shares at $135 each, making history with the biggest-ever IPO, launching it into the top ranks of the largest public companies and putting founder Elon Musk on...
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May 31, 2026 / Jason Ditz
At Least Six Killed, Dozens Wounded in Lebanon as Israel Attacks Area Around Hospital in Tyre
The casualties among healthcare workers in Lebanon have continued to grow this weekend, with the IDF attacking the area around Hiram Hospital in the city of Tyre, causing “severe damage” to the hospital itself and wounding at least 13 paramedics in the district. At least six people were killed and dozens wounded in various strikes […]
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Apr 15, 2026 / Tyler Durden
Is The Iran War Good For The Petrodollar?
Is The Iran War Good For The Petrodollar?
Diana Choyleva wrote an excellent editorial for the Wall Street Journal entitled “The Iran War Is A Boon For The Petrodollar.”
She pushes back against claims that the Iran conflict is accelerating the death of the petrodollar.
Instead, RealInvestmentAdvice.com points out that she argues the opposite: between Iran and Venezuela, the U.S. is defending and bolstering dollar dominance in the oil trade.
The 75-year-old petrodollar system rests on oil being priced and traded in dollars, which keeps the dollar prominent in all global trade.
China has...
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May 19, 2026 / Jason Ditz
Israeli Strikes on Southern Lebanon Kill Six, Wound at Least Three
Israeli drone strikes against southern Lebanon have killed at least six people today and wounding at least three others. The Health Ministry has increased the overall toll since the Israeli invasion began in March to over 3,040 killed. The largest strike was against the village of Kfarsir, where an airstrike hit a house and killed […]
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