Authored by James Howard Kunstler,
"Until you are willing to harm the left more than they are willing to harm you, they will win. It’s really that simple."
- Aimee Terese on X
You’ll just have to stand by on whether this war with Iran is over or not, since the Shia true believers’ practice of Taqiyya is a permission structure for lying to infidels (us) when necessary — like, to advance global chaos that will bring the return of the Hidden Imam (Mahdi) to fill the world with justice, and establish Islamic rule. (Got that?) One might wonder, of course, whether the majority of Iran’s people have had enough of the true believers in charge and their true belief in apocalypse.
“Go ahead, press that button and blow up the infidels!”
President Trump’s promise to bring exactly that down on them seems to have had a clarifying effect. The option remains open to “bomb the shit out of them,” as he put it, while keeping their economy in a Macumba Death grip choke-hold. In preliminary strikes Thursday, the US Military might have demonstrated an ability to go after whatever they have left of missile and drone launch sites. In any case, skeptics abound. . . but, admit it, an actual peace agreement would be quite a coup.
It would be distasteful most of all to the mass formation lunatics of America’s Lefty-left “Resistance.” Anything that advances our country’s actual interests is hateful to them. In fact, when you think of it, the Lefty-left is in thrall to the same sort of world-ending chaos as the mullahs and their IRGC henchmen. The mullahs have their vision of the post-apocalyptic Islamic utopia and the Lefty-left has its dream of a post-revolutionary socialist nirvana where everyone is equal (except those who are more equal — and get to boss around the rest of us.)
Yeah, it’s an old story here in Western Civ, this recurring drive to level the existing social hierarchy so as to abolish the tendency of some people to do better in life than others. It never works out. It always leads to mass slaughter of some kind. It always ends in rueful disappointment and a return to the free-for-all that is the human project. The outstanding question might be: why do so many in the West continue to believe it?
The current uprising comes out of the strange conversion of Liberalism to Lefty-left Democratic-Socialist Progressivism. Remember, liberalism was pure live-and-let-live, with an emphasis on minimal government intrusion in our affairs, especially economic affairs. The Liberals of Boomerdom — the campus nirvanas of the 1960s — were contemptuous of government generally, but especially the FBI and the CIA. And, of course, the hippie vanguard was socially and culturally all about the freedom to do your own thing. Freedom of speech was a leading concern.
The Lefty-left, as it evolved under Barack Obama and “Joe Biden,” was about rigid intolerance for opposing ideas and maximal government involvement in your life, especially economic and sexual — making a pass at a girl became subject to litigation. The FBI was loosed on dissenters from Lefty-left policies. Juridical sadism became systematized as Lawfare. The Lefty-left constructed a huge censorship apparatus; no more freedom of speech. They used law and regulation to attempt social leveling; no more discipline in school for black kids because . . . racism! Discriminate against Whitey for jobs. . . anti-racism! Election fraud = “our democracy.” You see how all that went?
Turns out, they wanted to use the government to overthrow the government! And the social order it rode in on! Hence, the ten-year-long crusade to destroy one Donald Trump, the peculiar “Gray Champion” of our Fourth Turning, who turned out to be a staunch counter-revolutionary, that is, an opponent of this new Democratic-Socialist Progressive (wannabe-communist) corps of chaos agents.
One schematic way of understanding this dynamic is Peter Turchin’s theory of Elite Overproduction. By the early 2000s, with anybody and everybody going to college, there were not enough job positions in the real productive economy for this spewage of college degree-holding entrees to the Professional / Managerial Class. By this time, coincidentally, the colleges they were graduating from were infested by three generations of Marxist professors — i.e., adults enjoying cozy institutional security, with no experience in the real world, free to indulge in Marxian revenge fantasies and make them the basis of their teaching.
It was the perfect setup for the emergence of a matrix of NGOs and political activist orgs that could employ all these college graduates which the real economy had no place for.
And the new hires were pre-programmed in the ideology of grievance, tinged with racial and sexual animus in addition to economic complaint.
So, voila! — America (and Western Civ generally) became infested with these pernicious Lefty-left operations, which became symbionts of the government themselves, many of the orgs dependent on government (USAID) to fund their activities and pay the management. They got scads of additional money from wealthy freelance chaos maestros like George Soros, Bill Gates, Klaus Schwab, Reid Hoffman, Neville Roy Singham and others.
Mr. Trump is dismantling that matrix and the funding flows associated with it, at the same time that he attempts to reconstruct an economy based on the production of real goods. As it happens, that matrix of orgs amounts to the consolidated racketeering operation of the Democratic Party, and the party is going garishly insane at the prospect of losing its means to power.
The Lefty-left now is the Democratic Party. It has nothing whatsoever to do with what we used to call Liberalism. It’s a party of envy-driven, sadistic fanatics. And it is no accident that such a mind-set leads them to construct a permission structure for lying about everything they do. It’s all there in their primary manuals-of-operation: Saul Alinsky’s Rules for Radicals, and Gene Sharp’s From Dictatorship to Democracy: A Conceptual Framework for Liberation.
In this way, they are just like the Shia mullahs of Iran who are privileged to lie to infidels who threaten their lust for apocalypse.
Mr. Trump doesn’t trust the insane mullahs and their IRGC wing-men, and he certainly shouldn’t trust the apparatchiks of the Democratic Party.
Each, in its own way, represents a kind of performative adolescent rebellion, and both them require a kind of resolute parental response: Daddy is in da house . . . and you’d better behave. Believe this: after Iran, the Democratic Party is next.
he hammer of law will be coming down.
Tyler Durden Fri, 06/12/2026 - 16:20Authored by City News Service via The Epoch Times,
The U.S. Department of Housing and Urban Development (HUD) on June 11 suspended federal funding to the Los Angeles Homeless Services Authority (LAHSA), cutting off millions of dollars to the L.A. region, over allegations of fraud and widespread mismanagement.
HUD Secretary Scott Turner testifies before the Senate Appropriations Subcommittee on Transportation, Housing and Urban Development about his department's proposed FY2026 budget in the Dirksen Senate Office Building on Capitol Hill in Washington on May 14, 2026. Chip Somodevilla/Getty Images
HUD action to suspend federal funding comes in the wake of an investigation into LAHSA, Secretary Scott Turner announced Thursday, adding that the agency has “uncovered evidence of LAHSA’s false statements and its irresponsible actions and failures,” including a lack of financial management and lack of safeguards against conflicts of interest.
The Los Angeles Continuum of Care (CoC), led by LAHSA, has received nearly $1 billion in taxpayer dollars over the last five years. Despite federal assistance, L.A. remains the epicenter of the nation’s “drug-fueled” homeless crisis, according to Turner.
“Under President Trump’s leadership, HUD will fund results, not corrupt failure or the homeless-industrial complex,” Turner said in a statement. “Year after year, hundreds of millions of taxpayer dollars were funneled to LAHSA with little accountability. Meanwhile, homelessness skyrocketed. Taxpayers will no longer bankroll an organization that puts its own self-interests ahead of the Americans it was created to serve.”
HUD stated in a letter to LAHSA that suspension of funding will be final if the agency does not contest the notice by requesting a hearing. LAHSA must file a written hearing request within 30 days of receipt of the notice.
LAHSA officials pushed backed on the federal government’s claims, stating that its actions could put thousands of formerly homeless people back on the street.
“LAHSA received a letter from HUD announcing a suspension of CoC funding. After initial review, this appears to be a blatant attempt to pull yet more resources from Los Angeles, a city they have targeted time and again, when it is clear that LAHSA has either corrected or is in the process of correcting nearly all of the issues raised,” according to a statement from LASHA.
The organization maintained that local oversight actions have already resulted in strong repairs and reforms to LAHSA’s internal controls, which officials said are “accountable and viewable to the public.”
“If HUD’s Inspector General actually conducts a fair review of LAHSA’s current and future practices, they will clearly see how our systems now allow us to clearly track the work and investments that have resulted in L.A. outperforming the nation by reducing homelessness over the last two years,” LAHSA said in it’s statement.
A homeless encampment in Los Angeles, on Jan. 7, 2026. John Fredricks/The Epoch Times
“While the review plays out, our immediate priority is to explore all available options to ensure that federal funds continue to support the thousands of people who have been housed through LAHSA and our broader rehousing system,” the statement continued.
Los Angeles Mayor Karen Bass expressed deep concern about HUD’s announcement, according to her office.
“Mayor Bass, too, has grave concerns about LAHSA and zero tolerance for mismanagement and negligence, which is why she previously directed the city to evaluate how to move away from the agency,” according to a statement from her office.
Los Angeles Mayor Karen Bass speaks during an event in Los Angeles on May 8, 2026. Patrick T. Fallon/AFP via Getty Images
“Threatening federal funds does nothing to house people and jeopardizes the progress Mayor Bass has led to reduce homelessness for two years in a row, after it only went up in Los Angeles for years. Ultimately, people will lose their lives. We urge HUD to work with the city of Los Angeles to provide the necessary funding to reduce homelessness,” the statement continued.
County Supervisor Lindsey Horvath described HUD’s decision as a publicity stunt.
“I have been calling for change and accountability at LAHSA, but if this administration desires accountability, too, they should work WITH L.A. County,” Horvath said in a statement.
Lindsey Horvath speaks onstage at the 2019 Women's March Los Angeles in Los Angeles on Jan. 19, 2019. Araya Diaz/Getty Images for Women's March Los Angeles
HUD’s investigation found what it described as a “clear pattern of fraud.”
For example, in August 2023, LAHSA could not determine whether it used funding to pay for empty hotel rooms because the agency failed to record when individuals exited transitional motel housing, according to HUD.
Federal officials cited findings from a November 2024 audit conducted by L.A. City Controller Kenneth Mejia, which found LAHSA failed to spend approximately $513 million in homelessness funding budgeted for that year.
A letter from HUD referenced the resignation letter of former LAHSA CEO Va Lecia Adams Kellum, who stepped down last year. Her decision came after the L.A. County Board of Supervisors decided to move $300 million and hundreds of workers away from the homeless agency into the new Department of Homeless Services and Housing.
An investigation by LAist found Kellum signed a $2.1 million contract with a nonprofit organization that employed her husband.
LAHSA has faced criticism for providing late payments to service providers, maintaining inadequate records and failing to monitor contract and spending more accurately.
The agency has implemented new policies, and created online public dashboards to address these issues.
Los Angeles city and county officials have also made moves to improve transparency and accountability regarding homeless funding, as well as to ensure better outcomes of programs and services.
People approach a woman resting in a homeless encampment in Los Angeles, on Jan. 7, 2026. John Fredricks/The Epoch Times
Despite the allegations that Los Angeles has failed to reduce homelessness, officials said recent data showed significant progress.
In June, Gov. Gavin Newsom announced California achieved the largest reduction in unsheltered homelessness in the nation last year, and saw the largest decline in unsheltered homelessness since 2009, citing HUD’s data.
Los Angeles experienced a 10.3 percent drop in unsheltered homelessness, with the largest regional drop nationwide, according to HUD’s data.
The Los Angeles region saw the first decline in homelessness starting in 2024. LAHSA’s 2025 point-in-time count showed there was a 4 percent decrease in homeless people across the county, while in the city of Los Angeles, there was a 3.4 percent drop.
Data showed that unsheltered homelessness in the county declined by 9.5 percent in 2025 compared to the prior year, and it has dropped by 14 percent over the last two years. Additionally, there has been about an 8.5 percent increase of unhoused individuals entering interim housing, such as shelters and other forms of temporary housing.
In the city of L.A., unsheltered homelessness declined by 7.9 percent in 2025, and it has dropped by 17.5 percent over the last two years. LAHSA reported there has been a 4.7 percent increase in unhoused individuals entering temporary housing in the city.
Tyler Durden Fri, 06/12/2026 - 15:40Summary:
Musk Becomes A Trillionaire
SpaceX IPO Opens Up $150, above $135 IPO price
SpaceX IPO Shares To Trade 29% Higher Than IPO Price
Liftoff: SpaceX Gray-Market Trading Signals 35% IPO Pop
Vanda SPCX IPO update:
SpaceX is on track to become the biggest IPO debut for retail investors in recent history. Coinbase previously held that crown after attracting $92 mn of retail net buying on its first day back in April 2021. SpaceX has already surpassed every other major… https://t.co/xu52Q55eFS pic.twitter.com/OXag8eJaky
Incidentally, this is where Polymarket predicted the stock would open ahead of the first indications:
POLYMARKET PROJECTS $174 OPENING SPACEX SHARE PRICE, IMPLYING A 29% OPENING POP. pic.twitter.com/afwBPgDgWf
— Polymarket Money (@PolymarketMoney) June 12, 2026Late in the cash session, hours after SpaceX shares began trading around $150, the stock surged to $176.52, up 31% from the $135 IPO price.
Musk earlier...
Very inspiring words from Elon Musk today:
"I always think about this. There are always problems on earth. There’s always things that we wish to be better, that we want to solve on Earth, and we should solve them. But there there also has to be things that get you excited… pic.twitter.com/A9auOI1Daf
Valor Equity Partners founder Antonio Gracias spoke to CNBC about SpaceX: "And what we're building is the entire stack from, energy to compute, to launch to orbital compute."
ANTONIO GRACIAS on @SpaceX: “We have 20,000 people here. They're some of the best engineers in the world.
“And what we're building is the entire stack from, energy to compute, to launch to orbital compute.
“What an investor is buying today, we've been buying for really 20… pic.twitter.com/5U86JV8n3Y
The key threshold was $140; above that level, Musk became the world's first trillionaire on paper. This caused a meltdown among Democrats and their left-wing comrades…
Meanwhile, China-linked Neville Roy Singham's NGO network appears to be firing up its anti-capitalist propaganda machine, and the timing is no accident. These leftists view Musk as a major threat because he just gained a whole lot of political firepower, with fresh capital that can be deployed into pro-America candidates, causes, and institutions that directly challenge the left's progressive empire.
Latest from Bloomberg:
The record-setting IPO attracted more than $350 billion in demand from institutions and retail investors after its debut on Nasdaq and Nasdaq Texas under the symbol SPCX
Everyday investors jumped on the stock, but those using Robinhood Markets Inc. encountered glitches in the first minutes of trading that appeared to recede by about 12:30 p.m. in New York
Shares climbed as much as 31% in their debut, propelling Musk's wealth even further
Options contracts on SpaceX will start trading on Tuesday. Demand is expected to be high for the derivatives, which allow investors to bet on future stock moves or insure against a drop
Our view in 2024:
SpaceX Begins TradingSpaceX shares opened up at $150 per share, priced above the $135 IPO price.
Lead-left underwriter has a message:
Go for Launch 🚀 pic.twitter.com/F4gOY6pdDK
— Goldman Sachs (@GoldmanSachs) June 12, 2026Elon Musk has been minted, well, on paper, the world's first trillionaire.
🚨 BREAKING — IT'S OFFICIAL: Elon Musk becomes the world's first TRILLIONAIRE as SpaceX goes public
This is absolutely MONUMENTAL. Congratulations @ElonMusk!
To the moon! 🚀$SPCX is set to start trading at $135 per share imminently, valuing the company around $1.8 TRILLION. pic.twitter.com/hyyMcHC4Rc
The left is furious with Musk's trillionaire status. Why?
Well...
Space stocks are getting hammered as "sell the proxies, buy the leader" emerges:
SpaceX turned a competitive moat into an ocean of opportunity that we don't see others crossing. Bringing (internal) cost of launch to near-zero alongside a willingness to push boundaries of scale support out-of-this-world near-term valuation. Initiate Outperform/$175 PT
Oppenheimer analyst Timothy Horan initiates a "Buy" rating on SPCX with a $190 price target:
We believe SPCX intends to converge communications and cloud/AI using space- based infrastructure. We see potential for SPCX to leverage terrestrial compute expertise as a bridge (and possible back-up plan) to enable key scale and cost advantages. We see it as the only vertically-integrated AI company with the required capital, data, LLMs, hardware, manufacturing and engineering talent. We note significant regulatory, technology, execution, keyman and investor expectation risks remain and that thermal management of chips for space applications in space within four years appears challenging. However, its space infrastructure appears structurally advantaged. We note terrestrial DC capabilities include highest velocity/lowest cost DCs (Colossus) which combined with V3s and Cursor will drive 2027-30E revenues. We initiate coverage with an Outperform rating/$190 PT at the IPO price of $135.
Wedbush analyst Dan Ives:
We also believe the SpaceX anticipation has caused some added volatility in the market especially in the tech sector as traders/investors anticipate the ripple impact of this historical IPO. Overall, SpaceX going public is an important moment for the broader tech sector in our view as this AI Revolution and data takes this next step forward
. . .
We still Expect Tesla and SpaceX to Merge in 2027 Post-IPO.
Bloomberg Intelligence ESG analyst Rob Du Boff:
"Based on the indicated opening of $168.75 a share, SpaceX would get a weighting of 0.14% in the Russell 1000 and 0.92% in the Nasdaq 100 in a few weeks. That implies $6.6 billion in forced buying from funds tied to those indexes"
Huatai Research analyst LI Yujie:
Low free float + index buying to underpin tight near-term S/D after listing SpaceX's IPO is expected to become one of the largest listings in US stock market history. Potential passive buying could exceed USD10bn. After the offering, total market cap is expected to be c.USD1.77tn. Initial free-float market cap is expected to be c.USD75.0-86.3bn, implying a float ratio of only c.4.25%-4.86%. Tradable shares may be relatively limited in the early listing period. Given the company's large market cap and Nasdaq listing venue, SpaceX could be included relatively quickly in major indices such as the Nasdaq Composite, Nasdaq-100, CRSP, Russell, and MSCI after listing. This would bring near-term passive allocation demand. Based on the size of verifiable index products, potential passive buying is estimated at c.USD9.1-11.3bn. If we further include extended market indices and broader passive funds, the upper end of the range could be revised up to USD14.0-16.0bn. Overall, the market impact in the early stage of SpaceX's listing may not simply come from the liquidity siphon of IPO fundraising. It is more likely to appear as near-term supply-demand tightness caused by "low initial float + intensive index buying". However, after the 2Q26 and 3Q26 results and subsequent staggered lock-up expiries, tradable supply should gradually increase. The market impact is likely to shift from short-term demand driven to supply release and valuation digestion.
SpaceX Trading ImminentThe SpaceX IPO is set to begin trading momentarily. Shares are indicated to open 29% above the IPO price.
Ahead of the public market debut, SpaceX has revealed that the IPO is expected to draw more than $350 billion in demand. There are indications that $250 billion is coming from institutional orders, while about 20% of shares have been allocated to retail.
SpaceX record ipo is said to draw over $350 billion in demand
SpaceX ipo said to draw over $250 billion in institutional orders
SpaceX said to place 20% of ipo shares to retail investors
SpaceX said to sell 70% of institutional book to long-only, swfs
Latest headlines:
CNBC Television: SpaceX president: "I wasn't sure we would go public"
CNBC Television: SpaceX public debut set to be a big day for employees who own the stock
CNBC Television: $140 SpaceX per share makes Musk a trillionaire
North of $140 per share, Musk becomes a trillionaire .... Indications right now show $175 per share.
Liftoff: SpaceX Gray-Market Trading Signals 35% IPO PopTrader sentiment has sharply reversed after President Trump canceled the planned strikes and negotiators signaled progress toward a potential U.S.-Iran peace deal.
Risk assets are catching a bid Friday morning, with S&P 500 and Nasdaq futures both up roughly 30 bps. Treasurys are also rallying, with yields down 8 to 10 bps across the curve, led by the belly, and the 10-year yield is around 4.45%.
The timing could not be better for Elon Musk. SpaceX shares are set to hit public markets in the coming hours, potentially making Musk the world's first trillionaire on paper and minting roughly 4,000 employee millionaires. SpaceX's public market debut comes as themes of artificial intelligence and the space economy ramp up.
Already, pre-IPO trading in the derivatives linked to SpaceX shows a potential first-day surge of 30% to 50%.
IG International pricing implied a market value near $2.4 trillion on Friday morning, more than 35% above the company's $135 IPO price and $1.77 trillion valuation.
On Hyperliquid, SpaceX-linked perpetual futures traded at $175-$180, implying a valuation above $2.3 trillion, with 24-hour volume of more than $224 million and open interest of over $252 million.
Late in the U.S. cash session on Thursday, SpaceX filed a free writing prospectus (FWP) which confirmed the company sold 555.6 million shares at $135 each, for a total size of $75 billion (excluding the greenshoe), making history with the biggest-ever IPO, launching it into the top ranks of the largest public companies and putting founder Elon Musk on the verge of becoming the world's first trillionaire.
For context, SpaceX is more than double the size of the previous largest IPO - Saudi Aramco's $29.4 billion listing in 2019. The SpaceX registration statement was declared effective on Thursday.
The pricing details are shown below.
At $135, SpaceX will have a market value of $1.77 trillion. Accounting for employee stock options and restricted share units, the pricing gives it a fully diluted valuation of about $1.8 trillion. SpaceX's market value will rank it among the top 10 public companies globally, and make it larger even than Musk's own Tesla.
According to Polymarket, there is a 84% chance the IPO closes above its offering price tomorrow, and a 46% chance it rises more than 20%.
Nearly 50% odds on Polymarket that SPCX rises 20% ($2.2TN market cap) on its first day of trading, and 84% odds it closes above its offering price. https://t.co/UfN4FOlP7T pic.twitter.com/6U0S0HDyt1
— zerohedge (@zerohedge) June 11, 2026Odds on Polymarket are surging that today's market cap will close between $2 and $2.5 trillion.
//--> //--> Will SpaceX's market cap be between $2.0T and $2.5T at market close on IPO day?Odds of a big SpaceX first day gain rising sharply: now probability of a 20% gain (>$2.2TN) at 62%, up from 20% yesterday, and a 30% gain (>$2.4TN) at 46% https://t.co/d9qNMLY5vi pic.twitter.com/j3bQSVWUyU
— zerohedge (@zerohedge) June 12, 2026According to Bloomberg data, Wall Street analysts, including one from New Street Research, Oppenheimer, and KGI Securities, have all rated SpaceX "Buy" with an average 12-month price target of $189.
Oppenheimer analyst Timothy Horan published a note on Thursday, initiating coverage of SpaceX with a $190 price target and a "Buy" rating.
Horan's bull thesis:
We believe SPCX intends to converge communications and cloud/AI using space- based infrastructure. We see potential for SPCX to leverage terrestrial compute expertise as a bridge (and possible back-up plan) to enable key scale and cost advantages. We see it as the only vertically-integrated AI company with the required capital, data, LLMs, hardware, manufacturing and engineering talent. We note significant regulatory, technology, execution, keyman and investor expectation risks remain and that thermal management of chips for space applications in space within four years appears challenging. However, its space infrastructure appears structurally advantaged. We note terrestrial DC capabilities include highest velocity/lowest cost DCs (Colossus) which combined with V3s and Cursor will drive 2027-30E revenues. We initiate coverage with an Outperform rating/$190 PT at the IPO price of $135.
His key points:
Robust public currency is key to business strategy. We believe access to capital is essential for CEO Elon Musk's long-term AI vision in order to fund dominant communications and compute capacity along with acquisitions of AI companies. Eventual Tesla merger is plausible, but near term we believe the cos. will remain a quasi-vertically integrated ecosystem to provide access to capital.
Large markets, but critical technology risk remains. We believe SPCX could address a $10T TAM by 2035E, but note that critical enabling-technology commercialization for space-based DCs remains uncertain, notably for thermally resistant chips, and costs could prove noncompetitive even if SPCX successfully builds chips. Should technology development be delayed, we see potential to leverage core expertise in terrestrial DC buildouts to support AI plans.
Starship is crucial for success. SPCX is targeting 10K launches/year (27/day) totaling ~1.4B kg to deploy 1M datacenters and 100K communication satellites to support 1TW of its own manufactured chips. We believe this is only possible with capital/Starship, the most complex machine ever built. We expect growth to accelerate in 2027E as Starship enters commercial service and as AI LLMs/ infrastructure begin to see market traction.
LEO communications capacity to grow 100x, at a $10/subscriber/month cost. Goal is to have a majority of AI compute, offered in space at lowest cost. We see 230M broadband subs in a decade, and 240GW of compute vs. global current capacity of 100GW. The communications technology is solved, the compute is not. There are a half dozen other, large long-term industries.
Expect high volatility, with shares trading up initially. We anticipate an initial demand/supply imbalance on SPCX shares given broad retail demand and accelerated index inclusion. Our $190 PT ($2.5T firm value) is based on our DCF and 2035E revenue/EBITDA of ~$0.9T/$0.5T, requiring ~$1.6T in cumulative CapEx/spectrum and $300M more funding.
Separately, IG analyst Fabien Yip noted, "Demand has been good for the IPO and there is a lot of interest in the pre-IPO trading as well," adding, "We have had so far even with the valuation looking stretched. If the pre-IPO pricing momentum sustains, it will set a precedent for the next mega-IPOs."
Yet Morningstar analysts, Elizabeth Warren, and lefty pension funds have all tried to kill the hype cycle leading up to today's world's largest IPO.
Tyler Durden Fri, 06/12/2026 - 15:35