Part 4 of 5: News and my thoughts from the past week (15Jun2026)
News and my thoughts from the past week (15Jun2026)
The preferred sequence should be legislation to governance to innovation but now, governance and legislation are catching up with innovations. There's risk. Without governance, aligning innovation with legislation can be painful. - Pukka Solutions
"people gotta understand... [SpaceX] raised $75 billion... [and only] floated 5% of the stock... it's a very small float". "[But its valuation], that's a different story". "$1.7 trillion did not go to SpaceX. [It is] $75 billion. So people need to understand that". "then when Anthropic and OpenAI, if they ever make it to IPO, they're going to raise about $100 billion each. So the total raised actual real money is about $300 billion between these three IPOs". "Their valuations, that's a different story. And those probably won't hold and they'll probably, you know, go down 80%. So anybody buying these stocks at these prices is probably going to lose a lot of money if they hold on to them" - Former BlackRock fund manager Ed Dowd on the SpaceX IPO
Out of 120 U.S. data center builds planned for 2026, less than 30% have actually broken ground with the rest only existing on paper or have been cancelled. This news comes after questions about AI profitability and demand continue to swirl. - X user Financelot
Apple stock falls -5% from its high of day after unveiling Siri AI, its biggest AI release ever. - X user the Kobeissi Letter
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