KOSPI Crashes 8 Percent and Triggers Circuit Breaker as AI Concentration Risk Detonates
Two companies carry half of South Korea's stock market — and when Broadcom's AI miss cascaded, the whole thing halted for the first time ever.
Theo Kaplan
Bureau: San Francisco
Anthropic Files for IPO and Calls for AI Pause in the Same Week
A $965B IPO filing and a safety essay in 72 hours — Anthropic is either hedging regulatory risk or proving safety is a growth strategy.
SpaceX Opens Roadshow at $1.75 Trillion With 30% Retail Allocation
The biggest IPO in history is marketing at a valuation that makes Tesla's peak look modest — and the Anthropic compute deal disclosed in the S-1 ties the offering directly to the AI capital stack.
Bending Spoons Files for a $20 Billion Nasdaq IPO to Buy Dying Internet Brands
An Italian rollup firm wants $20 billion from public markets to buy AOL, Vimeo, and Eventbrite — and its CEO says there are 1,000 more targets.
Foreign Investors Dumped $10 Billion in KOSPI Shares in One Week
The KOSPI crash isn't just Broadcom — foreign capital fled $10B in a week, the flight-from-Korea that MSM frames as correction and X reads as structural.
Robinhood AI Agents Trigger First Authorization Incidents
MCP servers and trading agents produced the first unauthorized-access events — the ai-state-power thread meets financial infrastructure.
SpaceX Charges Anthropic $1.25 Billion a Month for Compute
The circular AI economy — SpaceX IPOs on Anthropic revenue, Anthropic files on SpaceX compute — MSM treats them as separate stories.
OpenAI Stake Talks Deepen as SpaceX and Anthropic IPO
Every AI company is going public except the one everyone uses — the OpenAI stake question is now an IPO-market-timing story, not a governance story.