From today’s Wall Street Journal, reported by Hannah Erin Lang:
SpaceX shares have surged nearly 50% in their first days of trading and left a trail of remorseful traders in their wake: those who sold too early.
After climbing an additional 4.8% in Tuesday’s session to $201.80, SpaceX ended the day as the world’s fifth-largest public company by market cap, surpassing Amazon.
The gains came as SpaceX announced a deal to buy AI-coding startup Cursor for $60 billion.
The hippo’s side comment: Feathers don’t make the bird, but without the feathers he is no bird. (From Aesop’s Fables: Fine feathers don’t make fine birds).
The cartoon probably refers the famous Greek myth and cautionary tale of Icarus and the sun. Icarus’s father, Daedalus, made wings of feathers and wax for Icarus to escape imprisonment. Disregarding his father’s warnings to avoid flying too high, Icarus soared too close to the sun, melting the wax and sending Icarus plummeting into the ocean.
[Cartoon by Dr. Jack (full name Dr. Jack Swanepoel) from South African newspaper Die Burger]