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Can SpaceX Fire On All Cylinders?
Can SpaceX Fire On All Cylinders?
Authored by Michael Lebowitz via RealInvestmentAdvice.com,
SpaceX’s June IPO raised $75 billion, resulting in an initial valuation of $1.77 trillion, making it the largest IPO in history. SpaceX, encompassing its launch business, Starlink, and the recently merged xAI, peaked at a $2.5 trillion market cap in its first week of trading, briefly tying it with Amazon as the fifth-largest publicly traded company. After only a month, the enthusiasm is rapidly fading.
Perhaps most amazing of all, the fanfare is occurring despite SpaceX producing a net loss...
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May 7, 2026 / Tyler Durden
Chief Justice Roberts Says US Supreme Court Is Not Political
Chief Justice Roberts Says US Supreme Court Is Not Political
Authored by Matthew Vadum via The Epoch Times,
Chief Justice John Roberts said on May 6 that U.S. Supreme Court justices are not “political actors.”
Roberts’s comments came at a conference in Hershey, Pennsylvania, attended by judges and attorneys from the jurisdictions covered by the U.S. Court of Appeals for the Third Circuit. That circuit encompasses Pennsylvania, New Jersey, Delaware, and the U.S. Virgin Islands.
Although some of the high court’s decisions may be unpopular, they are based exclusively on the law, he...
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May 12, 2026 / Tyler Durden
US Consumer Prices Are Rising At Their Fastest Pace In 3 Years
US Consumer Prices Are Rising At Their Fastest Pace In 3 Years
Bearing in mind the one-off impact of BLS correcting for shutdown-related distortions (in rent/shelter) from last October., this morning's CPI was expected to come in hot as the impact of the Iran war starts to spread (energy, airfares, transport) and the melt-up in memory costs (unrelated to war) as the token wars continue.
As a reminder, March saw headline CPI in line (energy) while Core CPI actually printed cooler than expected. and we suspect most attention will be on the...
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Jun 8, 2026 / Tyler Durden
4 In 10 American Adults Report Having 'Mental Health' Problems
4 In 10 American Adults Report Having 'Mental Health' Problems
Over the past few years, a lot of progress has been made in accepting and understanding mental health problems.
Having long been seen as a sign of weakness, mental health issues in their many varieties and severities have become much less of a taboo.
As Statista's Valentine Fourreau notes, the pandemic, which left many people feel isolated, powerless or overwhelmed, accelerated that trend, as it not only caused a spike in symptoms of anxiety or depression, but also led more people to open...
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