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SpaceX IPO Lifts Off As Data Center Race Moves From Ashburn To Abilene To Space
SpaceX IPO Lifts Off As Data Center Race Moves From Ashburn To Abilene To Space
SpaceX surged 19% on Friday in its Nasdaq debut following the world's largest IPO, closing near $161 after opening at $150 and valuing the company north of $2 trillion.
J.P. Morgan + SpaceX= Largest IPO
Congratulations to the @spaceX team on this milestone, we were proud to serve as a lead bookrunner on the transaction. pic.twitter.com/axxob266QP
— J.P. Morgan (@jpmorgan) June 12, 2026
A continuation of the space-based data center theme and how to profit comes from Barclays analyst...
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Jun 16, 2026 / Tyler Durden
Hormuz Fears Ease As Trump, Ghalibaf Virtually Sign US-Iran Deal, But Energy Flows Remain Months From Normal
Hormuz Fears Ease As Trump, Ghalibaf Virtually Sign US-Iran Deal, But Energy Flows Remain Months From Normal
President Trump, Vice President JD Vance, and Iran's Parliament Speaker Mohammad Bagher Ghalibaf have virtually signed a peace deal to end the U.S. naval blockade of the Strait of Hormuz, Iranian ports, the general Gulf region, and begin 60 days of nuclear negotiations, according to CNN, citing US senior sources.
The text of the so-called memorandum of understanding, a 14-point document that should lead to a two-month extension of the ceasefire and the start of negotiations over...
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May 29, 2026 / Tyler Durden
Why Stable Systems Fail: The Illusion Of Institutional Control
Why Stable Systems Fail: The Illusion Of Institutional Control
Authored by Luc Lelièvre via The Mises Institute,
There is a persistent belief in modern political life that systems fail because they become fragile. Institutions, it is assumed, weaken under pressure and eventually break down. This intuition is not just incomplete—it is backward.
Systems do not fail when they become fragile; they become fragile because they have already lost contact with the realities they claim to govern. What appears as stability is not strength, but the final illusion of a structure that can...
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Mar 25, 2026 / Tyler Durden
New Lord Of The Rings Movie To Be Written By...Stephen Colbert?
New Lord Of The Rings Movie To Be Written By...Stephen Colbert?
There is perhaps nothing more revealing about the desperate state of Hollywood than its obsession with digging up old franchises in a futile race to capitalize on audeince nostalgia. In fact, it has been widely understood in the film industry for the past decade that almost no project will be greenlit unless it is a reboot, remake or "re-imagining" of a previously popular story property.
The problem, which everyone except Hollywood executives understands, is that you cannot recapture the magic...
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