The Sy Hersh effect: killing the messenger, ignoring the message

Secretary of War Pete Hegseth said in a post on X on Thursday that inflating the Pentagon budget by nearly 50% to $1.5 trillion for 2027 was a “fiscally responsible investment” as the Trump administration attempts to justify its record-shattering military budget request. “Thanks to President Trump’s $1.5 trillion defense budget, this War Department has […]

Spacecraft Builder That Beats Big Defense Primes On Cost And Speed: Here's How To Profit Provided continued AI disruption, indiscriminate software stock selling, and credit market risks do not trigger a broader risk-off market event in the coming weeks or months, a June SpaceX IPO could become the bedrock for the grand reopening of the IPO market. The second-order effects of a SpaceX IPO would be improved sentiment toward AI companies going public and potentially a serious investor appetite for the low-Earth-orbit space industry. Continuing our ever-evolving "how to profit"...