SpaceX Shares Jump in Second Day of Trading After Record IPO

Bloomberg’s Bailey Lipschultz and David Bauer, head of equity capital markets Americas at JPMorgan, discuss SpaceX’s success on the company’s second day of trading after a record IPO Friday. Bauer said he sees a real ‘investment thesis’ driving SpaceX as the company contributes to reindustrializing America with ‘new ecosystems’ and the emergence of space as an industry.

Importing Third-World Diseases Into USA

Importing Third-World Diseases Into USA

It is not coincidental that this is happening in California. As historian Victor Davis Hanson put it in 2019, our first “Third World State.” It’s the Third World people, illegal aliens, who’ve brought the disease back to California. And the state’s rampant vagrancy likely facilitates its spread.

Alpena’s Dirty Secret: When “Alternative Fuel” Starts Looking Like Alternative Reality

Systech Environmental—pitched a brilliant idea: instead of burning traditional fuels, why not torch hazardous waste in the kiln? Tires, solvents, industrial byproducts—if it could burn, it could earn. Companies paid to get rid of their waste, Lafarge saved on fuel, and everyone shook hands like they’d just invented fire. The pitch was wrapped in the kind of language only a regulatory lawyer could love: “resource recovery,” “alternative fuels,” “energy efficiency.” What it meant in plain English was this: Alpena became a destination for waste that nobody else wanted, cooked at 2,500 degrees and released into the same air the locals were breathing.