30 May 2026
The SpaceX IPO Is a Bet That Retail Investors Love Elon Musk So Much They’ll Fund His Money-Losing Empire
Seeking to raise an unprecedented $75 billion at a staggering $2 trillion valuation, the SpaceX IPO is poised to become the largest initial public offering in market history. Mainstream commentators are predictably framing this as a pure-play bet on the commercial space economy: reusable Falcon 9 rockets, the massive Starship development pipeline, and the highly profitable Starlink global…
30 May 2026
Blue Origin faces months of delays after rocket explosion damages launch pad
Blue Origin faces a months-long setback after the explosion of a rocket damaged its launch pad, company and industry sources said, scrambling schedules for Amazon satellite launches and bolstering SpaceX’s dominance in the commercial launch market.
30 May 2026
The SpaceX IPO is great for Elon Musk and terrible for you
I haven’t seen anything as stupid as the WeWork IPO document in a very long time — that is, until Elon Musk filed to take SpaceX public. WeWork was a joke. SpaceX is a threat. And if Musk and his bankers have their way, you are going to be their bagholder.
30 May 2026
Labor share of income hits record low as corporate profits soar
Workers at the Stellantis Warren Truck Assembly Plant in suburban Detroit Workers’ share of US economic output has fallen to its lowest level since the government began keeping records in 1947, according to data the Commerce Department released Thursday. The share captured by corporate profits rose to the highest since 1950.
30 May 2026
Anthropic, AI and The “Numbers” Problem
About a week ago I got a ping. Someone wanted to know if I knew someone who wanted $10 million of Anthropic common stock as a forward contract at $1 trillion. My first reaction was that we are so deep in a bubble that when we look up, all we see are sparkling, endless orbital data centers.
30 May 2026
Elon Musk strikes down reports on SpaceX IPO rumors
Elon Musk has firmly denied recent media reports suggesting that SpaceX has reduced its target valuation for an upcoming initial public offering. The denial came directly from the SpaceX and Tesla frontman on his social media platform X, where he responded with a single word, “False,” to a post from ZeroHedge that cited Bloomberg sources.
30 May 2026
Atlas V rocket launches 29 Amazon Leo internet satellites to orbit from Florida (video)
A new batch of satellites for Amazon's internet constellation made it to orbit tonight (May 29). A United Launch Alliance (ULA) Atlas V 551 rocket lifted off from Launch Complex-41 at Cape Canaveral Space Force Station in Florida today at 7:53 p.m. EDT (2353 GMT).
29 May 2026
Blue Origin explosion threatens to delay NASA's moon program
The destruction of Blue Origin's unmanned New Glenn rocket in a catastrophic launchpad explosion, along with apparently severe damage to the company's only launch pad, sent shock waves through the U.S. space community Friday.
29 May 2026
Watch an Atlas V rocket launch 29 Amazon Leo internet satellites to orbit tonight
A ULA Atlas V-551 rocket stands showing the Amazon Leo logo on its fairing on Dec. 14, 2025. (Image credit: Manuel Mazzanti/NurPhoto via Getty Images) A new batch of satellites for Amazon's internet constellation will launch to orbit tonight (May 29), and you can watch it live.
