Musk Becomes Earth's First Trillionaire As Blockbuster SpaceX IPO Opens At $150

Ferrari Shares Plunge After Analyst Slams New EV As "Mix Between Honda And Tesla" Ferrari shares fell in Milan on Tuesday after the Italian supercar maker unveiled its first EV sports car, disappointing Wall Street analysts who criticized the design, with one calling it a "mix between a Honda Accord EV and Tesla." The four-door, five-seat Ferrari Luce, priced at a staggering 550,000 euros, marks the supercar maker's first fully electric vehicle and serves as its biggest test yet: can Ferrari's nearly eight-decade brand equity survive the transition away from...

US Nuclear Renaissance Finally Starts...? TNC Plans New South Carolina Reactor The Nuclear Co. (TNC), a startup that emerged from stealth in 2024 as America’s full-stack nuclear project integrator, is preparing to propose one of the first large-scale conventional reactor builds in the United States in more than a decade.  According to Bloomberg, the company could unveil plans as soon as this week for an AP1000 reactor at one of three potential sites in South Carolina. The move comes as surging electricity demand, fueled largely by AI data centers, forces utilities...

Since Lockdowns, A 12% GDP Loss; Half Of US Dollar Purchasing Power Stolen Authored by Jeffrey Tucker via The Brownstone Institute, Many of us have had the intuition that the economic damage from 2020 – including industrial stoppages, monetary printing, supply-chain disruptions, extended school closures, and general population demoralization – was in fact far greater than official statistics indicate.  What follows will shore up this intuition, using new techniques and numbers from an innovative project called RealityIndex.co.  It’s true that official data is bad enough, showing a 26% loss in purchasing power, slow growth...