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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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Feb 24, 2026 / Robert P. Murphy
Milei Defends Capitalism and Austrian Economics at the WEF
This week, Bob walks through Javier Milei’s 2026 address to the World Economic Forum, explaining the Austrian and neoclassical ideas behind Milei’s defense of capitalism—from Rothbard and Kirzner to Pareto efficiency and the welfare theorems.
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Apr 15, 2026 / Kyle Anzalone
CENTCOM: Navy Prevented 10 Ships from Exiting the Strait of Hormuz
US Central Command reports that no ships have exited the Persian Gulf carrying oil since President Donald Trump ordered a blockade on Monday. “Yesterday, an Iranian-flagged cargo vessel tried to evade the US blockade after leaving Bandar Abbas, exiting the Strait of Hormuz, and transiting along the Iranian coastline. The guided-missile destroyer USS Spruance (DDG […]
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Mar 19, 2026 / Daniel McAdams
Trump & Netanyahu: Who’s the boss? Maybe we’ll find out
Israeli Prime Minister Benjamin Netanyahu made many trips to the U.S. last year. And now here we are, in the middle of a gigantic mess in the Middle East (again). The widely anticipated expectation of President Trump putting “America First” and “Making America Great Again” seem like fleeting memories now.
The post Trump & Netanyahu: Who’s the boss? Maybe we’ll find out appeared first on LewRockwell.
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