10 Wednesday AM Reads
This article provides a collection of notable reads from various sources. It covers topics ranging from the largest IPO in history by SpaceX to the challenges faced by landlords in the multifamily sector. Additionally, it highlights advancements in gene-editing for heart disease and the Knicks' successful NBA Finals journey.
- ▪SpaceX's IPO is the largest in history, with a detailed breakdown of its valuation by segment.
- ▪A significant merger in the apartment sector indicates troubles for landlords amid weak profits.
- ▪Recent trials suggest a potential one-time gene-editing treatment for heart disease may be effective.
Opening excerpt (first ~120 words) tap to expand
10 Wednesday AM Reads May 27, 2026 6:30am by Barry Ritholtz My mid-week morning reads: • SpaceX: Here’s What You Get For $1.75 Trillion: The largest IPO in history. Here are the numbers that matter. A clean bottoms-up breakdown of the SpaceX IPO valuation by segment — launch, Starlink, contracts, “AI infrastructure.” Useful for the math beneath the headline. (Fiscal.ai) • How Prediction Markets and Crypto Firms Steamrolled a Watchdog Agency: The NYT on the CFTC’s quiet capitulation to Polymarket and the broader crypto bloc. The cop on the beat got bought, lobbied, and reorganized; the only surprise is how openly.
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Excerpt limited to ~120 words for fair-use compliance. The full article is at The Big Picture.