Our Stock Market Is Broken by Aaron Zamost
https://www.nytimes.com/2026/06/08/opinion/spacex-ipo-stock-market.html
As part of its pitch to sell shares on the stock market, Elon Musk’s aerospace and technology company says it will capture over $28 trillion of the A.I. market (nearly the size of the entire United States economy). It says it plans to launch one million satellites to put data centers in outer space (though the technology doesn’t yet exist). And it vows to hand Mr. Musk huge amounts of stock if he establishes a Mars colony that houses one million people (though no human has been within about 35 million miles of the planet).
Mr. Musk could well believe his own projections. What’s harder to understand is why so many investors do, given his recent track record of missed deadlines, abandoned products and failed business predictions.
How Banks Are Using SpaceX to Woo the Superrich
https://www.nytimes.com/2026/06/08/business/spacex-ipo-banks-wealth-management.html
Wall Street is giving its richest clients velvet rope access to this week’s public listing of SpaceX, reflecting the growing importance of the wealth management business.
https://www.nytimes.com/2026/06/08/opinion/spacex-ipo-stock-market.html
As part of its pitch to sell shares on the stock market, Elon Musk’s aerospace and technology company says it will capture over $28 trillion of the A.I. market (nearly the size of the entire United States economy). It says it plans to launch one million satellites to put data centers in outer space (though the technology doesn’t yet exist). And it vows to hand Mr. Musk huge amounts of stock if he establishes a Mars colony that houses one million people (though no human has been within about 35 million miles of the planet).
Mr. Musk could well believe his own projections. What’s harder to understand is why so many investors do, given his recent track record of missed deadlines, abandoned products and failed business predictions.
https://www.nytimes.com/2026/06/08/business/spacex-ipo-banks-wealth-management.html
Wall Street is giving its richest clients velvet rope access to this week’s public listing of SpaceX, reflecting the growing importance of the wealth management business.
Wall Street Is Rushing to Fund the AI Bonanza in Every Conceivable Way
https://www.wsj.com/finance/investing/global-stocks-markets-dow-news-06-08-2026-aac7c547
From giant debt deals to IPOs, tech companies keep raking in investor cash.
https://www.wsj.com/finance/investing/global-stocks-markets-dow-news-06-08-2026-aac7c547
From giant debt deals to IPOs, tech companies keep raking in investor cash.