*TRUMP CANCELS PLANNED STRIKES AGAINST IRAN TONIGHT
(@WalterBloomberg)
(@WalterBloomberg)
👍7👎1
U.S. STOCKS EXTEND GAINS AFTER TRUMP SAYS SCHEDULED STRIKES AGAINST IRAN HAVE BEEN CANCELLED; NASDAQ ADDS 1.3%
(@WalterBloomberg)
(@WalterBloomberg)
👍7👎1
SPOT GOLD EXTENDS GAINS, LAST UP NEARLY 2% AT $4,154.32/OZ
(@WalterBloomberg)
(@WalterBloomberg)
👍7
*TRUMP SAYS IRAN AGREEMENT PRETTY MUCH WRAPPED UP
*TRUMP TELLS NYP REPORTER IRAN DEAL NEARS COMPLETION
(@WalterBloomberg)
*TRUMP TELLS NYP REPORTER IRAN DEAL NEARS COMPLETION
(@WalterBloomberg)
👍21👎6👏3
TRUMP: NOMINATES JAY CLAYTON AS NEXT DIRECTOR OF NATIONAL INTELLIGENCE
(@WalterBloomberg)
(@WalterBloomberg)
👍4
IRAN'S FARS NEWS AGENCY, CITING A SOURCE WITH KNOWLEDGE, SAYS IRAN HAS NOT YET AGREED ANY DOCUMENT FOR MOU WITH U.S.
(@WalterBloomberg)
(@WalterBloomberg)
👍9👎3
IRAN'S FARS NEWS AGENCY SAYS GIVEN THAT THE US HAS ACCEPTED THE TEXT PROPOSED BY IRAN, THE LIKELIHOOD OF THIS TEXT BEING APPROVED BY IRAN IS HIGH
(@WalterBloomberg)
(@WalterBloomberg)
👏10👎1
IRAN'S FARS NEWS AGENCY SAYS IRAN HAS NOT GIVEN A FINAL RESPONSE YET
(@WalterBloomberg)
(@WalterBloomberg)
👍9👎3
SPACEX FWP FILING SHOWS IPO OF 555.6 MLN SHARES OF CLASS A COMMON STOCK ; PRICE TO PUBLIC: $135.00 PER SHARE
(@WalterBloomberg)
(@WalterBloomberg)
👍6👎1
ON IRAN: STRAIT OF HORMUZ WILL OPEN AS SOON AS WE SIGN
(@WalterBloomberg)
(@WalterBloomberg)
👍15👏7👎1
*TRUMP: EVERYBODY IN IRAN HAS APPROVED THE DEAL
(@WalterBloomberg)
(@WalterBloomberg)
👎19👏4👍3
*TRUMP SAYS IRAN WON'T HAVE NUCLEAR WEAPON IN DEAL
(@WalterBloomberg)
(@WalterBloomberg)
👎16👍10
Trump: Kharg Island is now off the table if we sign the agreement
(@WalterBloomberg)
(@WalterBloomberg)
👎14👍11
CME GROUP TO EXPAND 24/7 TRADING FOR WTI CRUDE OIL AND GOLD
(@WalterBloomberg)
(@WalterBloomberg)
👍12👎2
IRANIAN STATE MEDIA: EXPLOSION HEARD NEAR SIRIK COAST, ITS CAUSE AND SOURCE UNCLEAR
(@WalterBloomberg)
(@WalterBloomberg)
👎9👍5
TWO EXPLOSIONS HEARD IN IRAN'S BANDAR ABBAS, ITS SOURCE UNCLEAR -STATE MEDIA
(@WalterBloomberg)
(@WalterBloomberg)
👍7👎3
SPACEX IPO MAKES ELON MUSK THE WORLD'S FIRST TRILLIONAIRE
Most of Musk's wealth now rests with SpaceX, where he holds a stake worth roughly $866 billion. Along with Tesla and the rest of his properties, his net worth will exceed $1.1 trillion when the stock begins trading Friday, according to Forbes and Reuters calculations based on company filings.
(@WalterBloomberg)
Most of Musk's wealth now rests with SpaceX, where he holds a stake worth roughly $866 billion. Along with Tesla and the rest of his properties, his net worth will exceed $1.1 trillion when the stock begins trading Friday, according to Forbes and Reuters calculations based on company filings.
(@WalterBloomberg)
👍11👎5👏3
IRAN'S FARS CITING ITS REPORTER IN BANDAR ABBAS: IRANIAN FORCES DID NOT ALLOW 'VIOLATING TANKER' TO ENTER STRAIT OF HORMUZ WITHOUT COORDINATION TO PASS
(@WalterBloomberg)
(@WalterBloomberg)
👍17👎4
US AND IRAN NEARING A PEACE DEAL AROUND G7 MEETING NEXT WEEK
(@WalterBloomberg)
(@WalterBloomberg)
👏14👍4👎1
$SPCX - SPACEX IPO: THE BIGGEST BET IN MARKET HISTORY
SpaceX is really three businesses under one stock:
Starlink is the profit engine, generating $11.4B in revenue and $4.4B in operating profit in 2025. Subscribers grew from 2.3M in 2023 to over 10M by early 2026.
SpaceX Launches generated $4.1B in revenue but lost money due to massive investment in Starship, the rocket intended to dramatically lower launch costs.
AI (xAI + X) generated $3.2B in revenue but lost $6.4B in 2025, consuming all of Starlink's profits and more.
Without AI, SpaceX was profitable. With AI, it lost nearly $5B in 2025 and another $4.3B in Q1 2026 alone.
The IPO values SpaceX at $1.77 trillion, but only 4.3% of shares will trade initially. That limited float could drive strong early demand and volatility while making true price discovery difficult.
Retail investors are getting access to just 1.3% of the company, while insiders and major funds remain largely locked up. Those restrictions begin easing within months, potentially increasing selling pressure.
SpaceX will not immediately join the S&P 500, as it currently fails key inclusion requirements, delaying an estimated $14B of passive index-fund buying.
The biggest risk is valuation. At roughly 90x sales, SpaceX is trading at a premium far above the largest technology companies. Historical IPO research shows that highly valued, low-float, unprofitable IPOs often deliver strong first-day gains but weaker long-term returns.
The bullish case is simple: SpaceX dominates satellite internet and commercial launches, and Starship could reshape the economics of space. The bearish case is that investors are paying an unprecedented price today for profits that may arrive years from now.
Bottom line: SpaceX may become one of the most important companies of the century. But this IPO looks designed to maximize demand in the short term, while much of the future selling pressure arrives later. For retail investors, the excitement is obvious—the risk is whether today's valuation already prices in most of the future success.
(@WalterBloomberg)
SpaceX is really three businesses under one stock:
Starlink is the profit engine, generating $11.4B in revenue and $4.4B in operating profit in 2025. Subscribers grew from 2.3M in 2023 to over 10M by early 2026.
SpaceX Launches generated $4.1B in revenue but lost money due to massive investment in Starship, the rocket intended to dramatically lower launch costs.
AI (xAI + X) generated $3.2B in revenue but lost $6.4B in 2025, consuming all of Starlink's profits and more.
Without AI, SpaceX was profitable. With AI, it lost nearly $5B in 2025 and another $4.3B in Q1 2026 alone.
The IPO values SpaceX at $1.77 trillion, but only 4.3% of shares will trade initially. That limited float could drive strong early demand and volatility while making true price discovery difficult.
Retail investors are getting access to just 1.3% of the company, while insiders and major funds remain largely locked up. Those restrictions begin easing within months, potentially increasing selling pressure.
SpaceX will not immediately join the S&P 500, as it currently fails key inclusion requirements, delaying an estimated $14B of passive index-fund buying.
The biggest risk is valuation. At roughly 90x sales, SpaceX is trading at a premium far above the largest technology companies. Historical IPO research shows that highly valued, low-float, unprofitable IPOs often deliver strong first-day gains but weaker long-term returns.
The bullish case is simple: SpaceX dominates satellite internet and commercial launches, and Starship could reshape the economics of space. The bearish case is that investors are paying an unprecedented price today for profits that may arrive years from now.
Bottom line: SpaceX may become one of the most important companies of the century. But this IPO looks designed to maximize demand in the short term, while much of the future selling pressure arrives later. For retail investors, the excitement is obvious—the risk is whether today's valuation already prices in most of the future success.
(@WalterBloomberg)
👍16👎5