SpaceX Assigned BBB Ratings by Major Rating Agencies
• https://www.linkedin.com, Rod DubitskyHot Take: SpaceX Assigned Dubious BBB Ratings
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Financial Times Hypes SpaceX's Dismal ESG Rating By MSCI, But Really Nobody Cares
• https://www.zerohedge.com, by Tyler DurdenThe Financial Times appears eager to frame MSCI's decision to assign SpaceX the "lowest possible ESG rating" as a major reputational blow.
Facts on the Ground in Hormuz - 85% Oilflow - Iran Tested on Backing Up Threats
• Next Big FutureIf the ships passing turn off transponders but still go through then the oil and the traffic is not stopped. There will be issues around the data of ships with and without transponders.
Tesla SpaceX Merger Announcement and Vote Could Happen Over Next 3 Months
• https://www.nextbigfuture.com, by Brian WangElon exercised his remaining ~304 million Tesla options from the 2018 performance package.
The Religion Business E5 - The Rise of Consumer Religion
• https://tuckercarlson.com, DocumentariesFaith meets marketing, and worship becomes a brand.
BREAKING: JPMorgan just cut off its entire staff in Hong Kong from accessing Claude
• TwitterGoldman Sachs also did the same last month It's over
Building Institutions That Go From 0 to 1
• https://www.schiffgold.com, Original AnalysisGoing from zero to one is creating something that is fundamentally new.
Just Days After Record IPO, SpaceX To Sell $20 Billion In Bonds
• https://www.zerohedge.com, by Tyler DurdenEarlier this week, we showed the unprecedented pace of hyperscaler Investment Grade debt accumulation, which according to Morgan Stanley calculations had doubled in just two quarters...
Retail Sales Surge 0.9 Percent in May, But Look Closer at Why
• https://mishtalk.com, By MishRetail sales were strong in May but the overall trend is nothing but inflation.
Why Pizza Hut Just Sold to Private Equity (Again)
• The Hustle - YouTubePizza Hut pioneered online ordering in 1994, peaked at nearly 8,000 U.S. locations, and was once the #1 pizza chain in America. Today, Yum! Brands announced it's selling the entire brand for $2.7 billion.
Yum Unloads Pizza Hut Chain As Private Equity Takes On Turnaround Challenge
• https://www.zerohedge.com, by Tyler DurdenYum! Brands agreed to sell its iconic Pizza Hut chain for $2.7 billion following a strategic review, separating the struggling pizza brand from its broader restaurant portfolio, which includes KFC, Taco Bell, and The Habit Burger Grill.
SpaceX Acquires Cursor AI In $60 Billion Deal As Coding Agent Race Heats Up
• https://www.zerohedge.com, by Tyler DurdenSpaceX has agreed to acquire AI coding startup Cursor for $60 billion, giving Elon Musk's artificial intelligence empire a leg up in the chatbot coding race currently led by frontier AI labs such as OpenAI, Anthropic, and Google.
SpaceX Erupts In After Hours Trading, Hits $3 Trillion Market Cap, Surpassing Microsoft
• https://www.zerohedge.com, by Tyler DurdenUpdate (9:00pm): just a few minutes after the initial post, the squeeze is accelerating and SPCX hit just shy of $230, or $3 trillion in market cap, surpassing MSFT in value.
Fox Buys Roku In $22 Billion Deal To Build "Next-Gen Media" Giant
• https://www.zerohedge.com, by Tyler DurdenFox agreed to acquire Roku for $160 per share in a cash-and-stock deal, valuing Roku at around $22 billion. The deal marks a major push by Fox into connected TV, streaming advertising, and direct-to-consumer distribution.
OpenAI mulls AI price war with Anthropic. It's a big risk for tech stocks.
• https://www.msn.com, by Adam ClarkOpenAI could be about to slash the price for using its artificial-intelligence products, a move which would pose a significant test to optimism about AI and the wider technology sector.
Elon Musk Officially World's First Trillionaire as SpaceX Makes Debut on Nasdaq...
• https://www.thegatewaypundit.com,by Cristina LailaElon Musk Officially World's First Trillionaire as SpaceX Makes Debut on Nasdaq – Musk Rings Opening Bell (VIDEO)
SpaceX IPO Day Started at $150 and is Now $175
• https://www.nextbigfuture.com, by Brian WangSpaceX is at $2.2 trillion in valuation after IPO at $135 ($1.75 trillion).
World's First Net-Worth Trillionaire Shows Us How Markets Price the Future
• https://thedailyeconomy.org, Peter C. EarleBehind the headline figure lies a deeper economic story: financial markets assigning enormous value to long-duration, high-risk technological bets.
We Won't Sell Our Soul
• Edison Motors - YouTube.comIf Edison Motors ever loses its values, there's no reason for it to exist. Lately, we've been getting more and more calls from investors. And almost every conversation ends up in the same place
SpaceX might be amazing company & terrible IPO at once.
• https://www.linkedin.com, Linas BeliunasApple went public under $2B at ~15x revenue. SpaceX is reportedly asking for ~$2T at ~100x revenue.
Argentina Moves To Legalize "Non-Human Corporations" Run By AI
• https://www.technocracy.news, By: Frank LandymoreYou could already make the case that corporations are faceless monoliths geared purely towards maximizing profits with only a peripheral consideration of human wellbeing.
ActBlue CEO Pleads The Fifth During House Panel Hearing
• by Darlene McCormick SanchezActBlue CEO Regina Wallace-Jones invoked the Fifth Amendment on Wednesday before the House Administration Committee, surrounding reports that she may have misled Congress about how the platform vets foreign donations.
Elon Musk is selling the boldest story the world has ever heard
• MSNBut the normal rules of business don't seem to apply to Elon. From electric cars to space rockets, his capacity to excite markets is unparalleled.
Massive SpaceX IPO Demand Coming From Gulf Sovereign Wealth Funds
• https://www.zerohedge.com, by Tyler DurdenOne week ago, SpaceX kicked off its institutional roadshow, headlined by JPMorgan CEO Jamie Dimon, who hosted a nationwide "live interactive discussion" with private wealth clients.
The IPO Boom: Where Will The Money Come From?
• https://www.zerohedge.com, by Michael LebowitzThe media hype surrounding SpaceX's upcoming mid-June initial public offering (IPO) is immense.
Apollo And Blackstone Raise $35 Billion For Anthropic In One Of The Biggest Ever Private...
• https://www.zerohedge.com, by Tyler DurdenApollo And Blackstone Raise $35 Billion For Anthropic In One Of The Biggest Ever Private Credit SPV Deals
New Labor & Spending Data Reveals What's Missing
• https://www.youtube.com, Eurodollar UniversityWe're used to seeing this kind of thing out of the payroll reports, but I don't think anyone really expected this.
Xi closes the door after promising US CEOs to open wider
• https://asiatimes.com, by William PesekNew lurch toward more control and less openness is hard to square with what Xi promised Trump's assembled CEO posse in Beijing
Warren Buffett's heir at Berkshire Hathaway spends a cool $17 billion on two megadeals...
• https://www.dailymail.com, By BENJAMIN CURRYWarren Buffett's heir at Berkshire Hathaway spends a cool $17 billion on two megadeals in just two days
Bringing Sexy Back: Victoria's Secret Shoots Higher After Abandoning Woke Ideology
• https://www.zerohedge.com, by Tyler DurdenShares of Victoria's Secret surged a mind-boggling 40% in the U.S. morning cash session after the bras-and-lingerie retailer delivered a stronger-than-expected first quarter, boosted its outlook, and showed signs of a turnaround plan in motion.
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