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Aardvark Daily

The world's longest-running online daily news and commentary publication, now in its 30th year. The opinion pieces presented here are not purported to be fact but reasonable effort is made to ensure accuracy.

Content copyright © 1995 - 2025 to Bruce Simpson (aka Aardvark), the logo was kindly created for Aardvark Daily by the folks at aardvark.co.uk



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SpaceX IPO, what could possibly go wrong?

25 May 2026

SpaceX is getting ready to go public with an earth-shattering IPO.

Once investment institutions and the public are given a chance to buy shares in the company, Elon Musk's own personal net value will soar to levels that some claim are simply obscene.

The worrying thing about an IPO this big is that some institutional investors will be forced to buy in, whether they want to or not. That's because the total value of shares will instantly classify it as a key index stock that must be part of any indexed portfolio.

I see a huge potential for disaster here -- especially for pension funds that could see their value hugely impacted if things go wrong.

More...

 

Forums are Down

Damn, why is it so hard to keep any reliable forum capability going these days?

I'll be working to get the forums up again but it seems that it might not be a simple task. The hosting company has obviously changed something but now it's up to me to try and get PHPBB working with their new configuration :-/

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