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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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Sep 29, 2026 / Tyler Durden
Sarah Huckabee's Tone Deaf Political Ad And The "Young White Man Problem"
Sarah Huckabee's Tone Deaf Political Ad And The "Young White Man Problem"
America has a young white man problem, or at the very least, most popular media, corporate advertising and even political advertising seems to say so. Either they are completely absent from the majority of media imagery, or when they are present, they are depicted as incompetent buffoons and ineffectual effeminate weaklings.
This has been an inescapable reality of western pop culture for the past decade. One would think that a conservative candidate would be aware of the problem rather...
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Mar 6, 2026 / Tyler Durden
US Retail Sales Dropped In January As Weather, Weak Gas Prices Weigh
US Retail Sales Dropped In January As Weather, Weak Gas Prices Weigh
This morning's retail sales data is for January (still lagging due to the govt shutdown) and is expected to be a decline (BofA's omniscient analysts see a worse than consensus drop MoM, due in large part to weather disruptions).
The actual print was a decline but slightly better than expected at -0.2% MoM. Despite two months of no increase, sales rose 3.2% YoY in January (increased from December)
Source: Bloomberg
The decline was driven by a decline in sales at gas...
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Jun 15, 2026 / Dave DeCamp
Israeli Ministers Say Israel Isn’t Bound by US-Iran Deal, Won’t Withdraw From Lebanon
In the wake of the US and Iran announcing a Memorandum of Understanding to end the conflict between the two nations that includes a ceasefire in Lebanon, Israeli ministers have said Israel isn’t bound by the agreement. Israeli Defense Minister Israel Katz vowed that the IDF will not withdraw from its so-called “security zones” in […]
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