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"Perfect Storm": Bond Traders "Stunned" At How Quickly SpaceX Bonds Are Selling Off
"Perfect Storm": Bond Traders "Stunned" At How Quickly SpaceX Bonds Are Selling Off
Media reports earlier this week about SpaceX's inaugural post-IPO investment-grade bond (and we mean inaugural, as the company rushed to tap the corporate bond market just days after going public with a low-IG rating of Baa1/BBB) which priced on Tuesday, had it as almost 4x oversubscribed, at roughly $90BN in orders for the $25 billion offering (upsized from $20 billion), signaling relentless demand for the paper. Alas, it took just 48 hours for the myth of sterling...
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Jul 1, 2026 / Tyler Durden
Police Flee During Riots In The Hague After Morocco Knocks Netherlands Out Of World Cup
Police Flee During Riots In The Hague After Morocco Knocks Netherlands Out Of World Cup
Via Remix News,
After Morocco knocked the Dutch national football team out of the World Cup, rioting broke out this morning in The Hague, with dramatic footage showing Dutch motorcycle police fleeing from Moroccan supporters. Police also deployed water cannons to control the crowd and at least a dozen people were reportedly arrested.
The video of the Dutch police fleeing prompted a sharp reaction from anti-immigration political leader Geert Wilders, who wrote: "Sweep those streets clean and...
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Jul 15, 2026 / Tyler Durden
Of Marxists And Morons
Of Marxists And Morons
Authored by Eric Utter via American Thinker,
Most of us have heard the horrific figures: Communism/Marxism was responsible for more than 100 million deaths in the 20th century alone.
There are two preconditions necessary for people to accept or even welcome Communism: one, frustration with current economic and/or political conditions, and two, a moral decay that generates a disdain for work and an excessive entitlement mentality that demonizes others' success, accomplishments, and wealth. For far too many, this demonization of what others have leads not unto desire to...
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May 15, 2026 / Tyler Durden
Closing Arguments In High-Stakes OpenAI Trial Focus On Reputation, Character
Closing Arguments In High-Stakes OpenAI Trial Focus On Reputation, Character
Authored by Beige Luciano-Adams via The Epoch Times (emphasis ours),
OAKLAND, Calif.—After nearly three weeks of presented evidence, an Oakland jury on May 14 heard final arguments in a high-stakes legal battle that could have profound impacts on the race for artificial intelligence.
In a courtroom sketch, Sam Altman listens as OpenAI President Greg Brockman testifies during Elon Musk's lawsuit trial over OpenAI's for-profit conversion, at a federal courthouse in Oakland, Calif., on May 4, 2026. Vicki Behringer/Reuters
Tech moguls Elon Musk and...
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