Hope for America

SpaceX Meltdown Vaporizes $1 Trillion In Market Cap As Stock, Bonds Crater SpaceX's Tuesday rebound was short-lived, with shares sliding to a new low of $110.85 late Thursday morning and extending their brutal post-IPO selloff. At a current market capitalization of roughly $1.479 trillion, SpaceX has erased about $1.16 trillion, or 44%, since its valuation peaked at $2.639 trillion on June 23. Shares are also trading well below the company's $135 IPO price, underscoring how quickly investor enthusiasm has evaporated. The chart shows  a selloff across SpaceX's capital structure: Black line, right axis: SpaceX...

US Southern Command announced on Friday that its forces bombed a small boat in the Eastern Pacific Ocean a day earlier, as the US bombing campaign targeting alleged drug-running vessels in the waters of Latin America continues. As usual, SOUTHCOM offered no evidence to back up its claim that the boat was carrying drugs, something […]

Half Of US Data Centers Scheduled To Start In 2026, Will Be Canceled Or Delayed Just over two years ago, we first penned our views on "The Next AI Trade", which looked beyond the hyperscalers and the data centers supporting the AI revolution, and instead focused on the energy and logistical needs that would be so very critical in allowing the US to dominate China in the existential race to first reach Artificial General Intelligence (which many have dubbed the next nuclear arms race due to its profound civilizational implications)....