10 Weekend Reads
The article presents a collection of ten recommended reads for the weekend, covering various topics. Highlights include insights on SpaceX's IPO, the evolving nature of warfare in Ukraine, and the resurgence of Barnes & Noble under private equity. Other features discuss the creative process, the unique story of the only female yakuza, and the career of prolific showrunner Bill Lawrence.
- ▪SpaceX's revenue in 2025 was $18.7 billion, leading to a potential price-to-sales ratio of 93x.
- ▪The trajectory of the war in Ukraine has shifted due to deep strikes and drone economics.
- ▪Barnes & Noble has made a surprising comeback under private equity with a focus on local manager autonomy.
Opening excerpt (first ~120 words) tap to expand
10 Weekend Reads May 30, 2026 6:30am by Barry Ritholtz The weekend is here! Pour yourself a mug of Danish Blend coffee, grab a seat outside, and get ready for our longer-form weekend reads: • SpaceX: The AI IPO: SpaceX’s revenue in 2025 was $18.7 billion, which works out to a potential price-to-sales (P/S) ratio of 93x. The highly-anticipated Form S-1 filing document arrives as SpaceX officially unveils financials for the space rocket startup founded by Elon Musk in 2002. Trung Phan’s notes reframes the SpaceX IPO as an AI infrastructure play more than a launch business. The valuation barely makes sense, even if you accept the reframe.
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Excerpt limited to ~120 words for fair-use compliance. The full article is at The Big Picture.
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