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SpaceX Shares Fall Below $135 IPO Price, But The Real Story Is Its Bonds
SpaceX Shares Fall Below $135 IPO Price, But The Real Story Is Its Bonds
SpaceX has slipped below its much-hyped $135 IPO price, and down 40% from the all time high hit during the June 15th gamma squeeze when the stock surged above $220 if ovenright trading, an "inevitable outcome" according to Bloomberg, which lends some validation to the skepticism surrounding "a valuation that always relied more on imagination than observable fundamentals."
Wall Street’s price target estimates spanned from roughly $60 to $800 (from Raymond James), a forecast that was 5x...
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Mar 5, 2026
US lost nearly $2B worth of military equipment in first 4 days of strikes against Iran
The US has lost nearly $2 billion worth of military equipment amid its military operations against Iran since Saturday, according to estimates and data compiled by Anadolu.
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Apr 5, 2026 / Tyler Durden
California Bans Government Officials From Using Insider Knowledge To Bet On Prediction Markets
California Bans Government Officials From Using Insider Knowledge To Bet On Prediction Markets
Authored by Dylan Morgan via The Epoch Times,
California Gov. Gavin Newsom on Friday issued an executive order banning state officials from using insider knowledge to profit, or assist another person in profiting, on prediction markets, effective immediately.
The governor’s office said there have been mounting reports of individuals in the federal government with access to sensitive government information placing well-timed bets ahead of major Trump administration actions. These reports are currently allegations and have yet to be verified.
“Public...
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Jun 9, 2026 / Moon of Alabama
Iran Will Respond To Ceasefire Breaches Wherever Those Are
President Trump and his partner in crime Netanyahoo have tried to draw Iran into a ceasefire trap. It was hoped for that a bit by bit escalation, like Israeli bombing in Lebanon, would be left without a response by Iran. Iran however did not fall for that scheme. It had been agreed that the ceasefire […]
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