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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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Mar 14, 2026 / Tyler Durden
"Serve Your Country": Uncle Sam Seeks Investment Bankers For 'Economic Defense Unit'
"Serve Your Country": Uncle Sam Seeks Investment Bankers For 'Economic Defense Unit'
The Department of War is reportedly building a 30-person investment banking team, called the "Economic Defense Unit," to deploy $200 billion in private equity over three years into defense companies and, more importantly, war unicorns, as the race to secure the Western Hemisphere and counter China, Russia, and Iran intensifies in the Trump era.
Seamfor reviewed a slide deck from the headhunting firm Heidrick & Struggles that says DoW is seeking to stack EDU with bankers from Goldman...
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Aug 4, 2026 / Tyler Durden
Socialist Wisconsin Gov Candidate Won't Back Down After Calling To "Cancel Thanksgiving"
Socialist Wisconsin Gov Candidate Won't Back Down After Calling To "Cancel Thanksgiving"
Far-left Wisconsin gubernatorial contender Francesca Hong appeared to double down on resurfaced comments demanding that Thanksgiving be abolished, declining to walk back the post when confronted about it on national television.
"Cancel Thanksgiving. Should have done this in 1621," Hong wrote on X in a post she later deleted, according to Fox News.
"If it takes a worldwide pandemic for us to realize we should stop celebrating colonialism and the original superspreader event that killed indigenous folx [sic] and women,...
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Apr 27, 2026 / Tyler Durden
Kalshi, Polymarket Among 27 Prediction Platforms Banned In Brazil
Kalshi, Polymarket Among 27 Prediction Platforms Banned In Brazil
Authored by Amin Haqshanas via CoinTelegraph.com,
Brazilian authorities have moved to shut down 27 prediction market platforms, including Kalshi and Polymarket.
The decision, announced Friday, follows a directive from the Ministry of Finance and enforcement by the National Telecommunications Agency (Anatel), according to state-owned news outlet Agência Brasil. Authorities claimed that such services fall outside Brazil’s current legal framework and therefore operate illegally.
“We have been monitoring the evolution of this sector in Brazil, which suffered a period of anarchy because there were no rules, no...
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