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Meet The Investors In SpaceX Who Say Their Shares "Disappeared"

Meet The Investors In SpaceX Who Say Their Shares "Disappeared" Some investors who thought they had secured one of Wall Street's hottest trades, owning SpaceX before its blockbuster IPO, say the shares they expected to cash in on simply disappeared, according to the Wall Street Journal. The controversy centers on special purpose vehicles (SPVs), investment funds that promise accredited investors exposure to private companies before they go public. After SpaceX's June IPO, several investors who bought into SPVs managed by Late Stage Management say they were stunned to learn the underlying...
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Sep 5, 2026 / Tyler Durden
DeepSeek's 160,000 Huawei Order Is A Real Threat To Nvidia In 2027
DeepSeek's 160,000 Huawei Order Is A Real Threat To Nvidia In 2027 Roughly 350 kilometers northwest of Beijing, in the city of Ulanqab, DeepSeek is constructing a data center measured in gigawatts. Running at full capacity, the site would draw enough power to supply 750,000 homes. On Friday, Bloomberg reported that DeepSeek intends to fill a portion of this massive footprint with at least 160,000 of Huawei's newest AI processors, the Ascend 950DT. Once operational, it will stand as the largest known cluster of Chinese-made AI silicon in the world. Yet,...
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Aug 6, 2026 / Dave DeCamp
Ukrainian Drone Attacks in Russia Hit Oil Refineries, Kill at Least Two Civilians
Ukraine launched another major drone swarm into Russia on Thursday, killing at least two civilians and hitting two oil refineries, attacks that came after a day of major Russian missile strikes in Kyiv. Yegor Kovalchuk, the acting governor of Russia’s Bryansk Oblast, said that the two civilians were killed by Ukrainian attacks on towns in […]
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Jul 8, 2026 / Tyler Durden
How America's Wealth Distribution Has Changed Over The Last 40 Years
How America's Wealth Distribution Has Changed Over The Last 40 Years Wealth reflects the value of everything households own, including homes, stocks, businesses, and savings, minus what they owe. Because different wealth groups own very different mixes of assets, long-term market trends can reshape how the nation’s wealth is divided. This graphic, via Visual Capitalist's Boyan Girginov, tracks how U.S. household wealth has shifted across wealth groups from Q3 1989 to Q4 2025 using data from the Federal Reserve’s Distributional Financial Accounts. Wealth of the Top 1% vs. the Bottom 90% The table below shows...
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