SpaceX IPO: The Market Terms Behind a Historic First-Day Pop
SpaceX's IPO was not just large. Its valuation, allocation, price discovery, key-person risk, index inclusion, and first-day pop made it a market event.
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Newest Business Plexus articles and commentary, listed by publication date.
SpaceX's IPO was not just large. Its valuation, allocation, price discovery, key-person risk, index inclusion, and first-day pop made it a market event.
Apple's Mac mini has become a favorite machine for local AI work, pushing some models into backorder, lifting resale prices, and moving the entry point from $599 to $799.
A 2026 update on inflation and the national debt, comparing the low-rate housing-crisis aftermath with today's higher-rate, higher-debt economy.
Gold is supposed to benefit from fear, but today stocks and gold fell together as a strong jobs report pushed investors toward higher-rate expectations, cash-like safety, and the dollar.
The May 2026 jobs report was stronger than expected, shifting the interest-rate conversation away from cuts and back toward inflation risk.
A 2026 update on whether the economy may avoid recession soon, with labor market, GDP, industrial production, and leading indicator charts.
A 2026 update on global income and wealth per person, comparing the 2012 snapshot with current GDP, wealth, poverty, and inequality data.
Over the last two weeks, I’ve started to make some websites and apps using ChatGPT, and I’ve been very excited about it, but there have been some problems using ChatGPT. Sometimes it will just keep repeating the same mistakes again and again, even after you tell it about the mistake, so tonight I started using Gemini and tested it out on a mistake that ChatG...
More reasons it will happen than won't
There are plenty of reasons to be positive.
It is approaching
Inflation makes paying it off easier
We have been living in a fantasy about job creators, and our understanding needs to change.
Lee Atwater's 1981 interview explained how overt racial appeals became coded language in modern Republican politics, a lesson still visible in campaign rhetoric.
A sarcastic note about political fear after Obama was elected.
Romney was a HUGE proponent and recipient of government spending for the Olympics at the local, stat
The acceptance of racism through silence while others spread racist propaganda is the #1 reason I wi
If you add all the money we are spending on prisons...
As I watch people debate about the elections...
It's back!