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Morgan Stanley Projects SpaceX Revenue Hitting Stratospheric $3.4 Trillion In 2040, $2.7 Trillion In EBITDA
Morgan Stanley Projects SpaceX Revenue Hitting Stratospheric $3.4 Trillion In 2040, $2.7 Trillion In EBITDA
Yesterday we shared a forensic analysis of the mechanics of the $75 billion SpaceX IPO and how to trade it, while specifically saying we are leaving the fundamentals aside. The reason for that is that the historicals of the company are, to put it mildly, problematic when it comes to projecting how the company grows into a multi-trillion behemoth.
As a reminder, SpaceX posted revenue of just under $20 billion for the LTM period, with approximately...
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Jun 15, 2026 / Tyler Durden
Iran Offers 60-Day Toll-Free Hormuz Transit As 100s Of Ships Await Reopening
Iran Offers 60-Day Toll-Free Hormuz Transit As 100s Of Ships Await Reopening
The U.S. and Iran reached an interim agreement to reopen the Strait of Hormuz on Sunday evening, just 30 minutes before New York futures opened, with officials from both countries set to meet in Switzerland on Friday to formally sign the peace deal.
According to Iranian outlet Fars, the U.S.-Iran deal reportedly includes a 60-day toll-free window for vessels. After that period, if a more permanent deal is agreed upon, Tehran may seek to monetize the Hormuz chokepoint by...
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Mar 5, 2026 / Ryan McMaken
Trump's Iran War Shows How American "Democracy" Really Works
When it comes to foreign policy, what matters are powerful interest groups. The ordinary voters who pay all the bills don't matter. The interest groups pushing for pro-Israel wars in the Middle East are especially powerful.
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May 15, 2026 / Tyler Durden
Rep. Steve Cohen Drops Reelection Bid After Tennessee Redistricting
Rep. Steve Cohen Drops Reelection Bid After Tennessee Redistricting
On Friday Democratic Rep. Steve Cohen of Tennessee announced he is ending his bid for reelection to Congress, capping a nearly 20-year career in the U.S. House. The decision comes days after the Republican-controlled Tennessee legislature approved a new congressional map that dramatically reshapes - and effectively dismantles - his longtime majority-Black 9th District in Memphis.
Rep. Steve Cohen (D-Tenn.) speaks at a hearing on oversight of the Federal Trade Commission in Washington on July 13, 2023. Madalina Vasiliu/The Epoch Times
Cohen, 76, described...
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