the Toronto Maple Leafs need players who get better as the stakes get higher
Ahktyamov has the sauce. Had the sauce in the VHL and has the sauce now with one win away from an AHL Championship
Stories of HNIC's importance to family gatherings on Saturday nights are very familiar to me. Now, they're mostly from the past. Now, Canadians watch hockey 7 days a week, once a pipe dream. If more is better, less of a genuine tradition may not be.
NEW: The Angus Reid Institute responds to Premier Ford's claims about their polling which put his personal approval rating at 21%
They note Ford never bashed their polling when his approval numbers were high -- and offer quarterly ratings "without fear or favour."
#onpoli
Oh, I forgot the best part.
Months before the IPO, SpaceX took $17.5 billion of old junk debt from xAI and X and parked it on its own balance sheet through a $20 billion bridge loan.
The terms? Repaid within six months of listing.
So part of the $75 billion that retail and index funds just handed over is already spoken for. Not for Mars. Not for rockets. To clear debts piling up at Elon's other companies.
You bought the rocket ship.
You're on the hook for the loans.
BEST. ENGINEERING. EVER.
🚨 SpaceX just pulled off the greatest financial engineering feat of the century. In about a week.
Here's everything that happened, in order:
– Folded xAI into a rocket company, turning "space logistics" into an "AI infrastructure" story overnight
– Priced the IPO at a flat $135. No book-building, no range. Take it or leave it
– Floated just 4% of the company. 556 million shares against 13 billion
– Raised $75 billion at a $1.77 trillion valuation, near 100x revenue
– Lobbied to get into major indices in ~15 trading days. Amazon took years. Forced buying, by law
– Handed an unusually large slice of the float to retail. Tiny supply, an army of buyers
– Watched the stock rocket past $200, up nearly 20% in a single session
– Saw ~46% of the entire float trade hands in one day
– Then announced a $60 billion all-stock buyout of Cursor, the AI coding tool
– Structured it so the higher the stock trades, the fewer shares it has to print to pay
A company losing $4 billion a quarter is now buying AI startups with paper it manufactured out of a 4% float.
The scarcity that pumped the stock now makes its shopping spree cheaper.
This isn't aerospace. It isn't even AI.
It's the finest financial engineering of the century, and it's only week one.
11:46 a.m.: The Leafs announce that they have traded an NHL goaltender.
9:44 p.m.: Artur Akhtyamov wraps up a 24 save shutout to give the Marlies a 3-0 series lead.
Quite a statement.
Easton Cowan with the lone goal, easily the game's best skater. Artur Akhtyamov with a 24-save shutout. Calder Cup will be in the building on Thursday night, and the Leafs' future, whether in the crease or otherwise, is in good hands.
Marlies beat the Chicago Wolves 1-0 to take a stranglehold 3-0 lead in the Calder Cup Finals
Easton Cowan the only goal … elevates in the big moment
Artur Akhtyamov 24 saves … brilliant again
Toronto can win the AHL championship on Thursday night
@TSN_Sports
Chris Johnston: Re Maple Leafs/Flyers trade: [John Chayka's] been clear in taking this job that the Leafs need to remodel, remake their blueline, this is one piece, one drop in the bucket, but not certainly the full picture - Chris Johnston Show (6/16)
With 6:09 remaining, Artur Akhtyamov getting a brief ovation from the crowd. At the risk of being reductionist, it's been the Akhtyamov and Cowan Show tonight.
My opinion:
Imagine we were all capable of making this apology without hesitation, on air, live, with class and elegance and no ego. Most aren’t.
Fact:
Ron is a great teammate and better human!