Former BlackRock fund manager Ed Dowd on the SpaceX IPO:
"people gotta understand... [SpaceX] raised $75 billion... [and only] floated 5% of the stock... it's a very small float"
"[But its valuation], that's a different story"
"$1.7 trillion did not go to SpaceX. [It is] $75 billion. So people need to understand that"
"then when Anthropic and OpenAI, if they ever make it to IPO, they're going to raise about $100 billion each. So the total raised actual real money is about $300 billion between these three IPOs"
"Their valuations, that's a different story. And those probably won't hold and they'll probably, you know, go down 80%. So anybody buying these stocks at these prices is probably going to lose a lot of money if they hold on to them"
@ShannonJoyRadio@DowdEdward
They simultaneously added a bunch of teams no one really wants to watch, added way more games, put every game in a giant stadium, and kept ticket prices sky high
Don’t be fooled by the charade, Trump is fully on board with Bibis actions in Lebanon and against Iran.
Israel is the rabid dog on a leash that the U.S. can use to bite people with and then pretend it wasn’t them.
Any statement saying the Trump “warned” Netanyahu about strikes is a propaganda ploy to keep opinion correct.
Unfortunately Israel is a cancerous extension of the U.S. and her foreign policy and needs to be removed with a scalpel.
U.S. Strategic Petroleum Reserve falls another 8 million barrels in the last week to 357.1 million barrels, that's the lowest level since early 2024 and ~10 million barrels from falling to its lowest level since 1983.