ipo

Published Soursen pieces tagged ipo, with the standfirst, the beat and the day the piece went up. Every fact is checked against the source.

Crypto & markets

Did SpaceX’s Rocky IPO Just Expose Cracks in the AI Bubble?

On June 12, 2026, SpaceX went public in what became the largest IPO in history, raising more than $85 billion and debuting at a valuation of roughly $2.77 trillion, briefly making Elon Musk the world’s first trillionaire on paper.

15 July 202613 min read

AI & GPU compute

The AI Industry Built a $5 Trillion Debt Pile on One Bet. That Bet Is Not Paying Off.

Something shifted in the AI narrative over the past few months, and it is worth paying attention to. The CEOs who spent years telling anyone who would listen that AI would eliminate entire categories of human work have gone quiet on that point.

23 June 202612 min read