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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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Feb 25, 2026 / Kyle Anzalone
US, South Korea Will Hold Major Military Drills in March
The US and South Korea announced they will hold the annual Freedom Shield war games in March. Freedom Shield is a large-scale military drill held in South Korea each Spring. The war games will run for 10 days in mid-March, with 18,000 troops participating. Army Col. Ryan Donald said the war games will be accompanied […]
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Mar 30, 2026 / Tyler Durden
The Assisted Suicide Of Lofty State And Local Taxes
The Assisted Suicide Of Lofty State And Local Taxes
Authored by Rob Arnott via RealClearPolitics,
We get the government we choose to elect, hence the government we deserve. Voting for ever-higher punitive taxes on the rich is arguably a form of civic suicide. Consider that a wealthy New Yorker can get a raise of almost 40% just by moving.
That’s right. If moving eliminates a 14.8% top state and local tax rate, our top-tier taxpayer gets a 36% raise, not a 14.8% raise, by leaving. It’s doubtful if any of our city...
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