SpaceX Builds A Regulatory Moat Around Its Starlink Empire

President Trump said on Sunday that a US warship “blew a hole” in the engine room of an Iranian cargo ship that attempted to get past the US naval blockade of Iranian ports and claimed that US Marines now “have custody” of the vessel. “Today, an Iranian-flagged cargo ship named TOUSKA, nearly 900 feet long […]

Kuwait Turns To Anduril For $2 Billion Counter-Drone Shield After Horrifying Airport Attack The moment an Iranian Shahed-136 drone struck Kuwait International Airport last week appears to have been a major wake-up call for Kuwaiti officials. The incident likely crystallized a troubling reality: legacy air-defense systems are not enough to counter the Shahed drone threat spreading across the Gulf, and Kuwait needs to supercharge the deployment of layered counter-UAS systems with both electronic and kinetic defeat capabilities. Kuwaiti officials release video showing the Iranian attack on Kuwait International Airport’s Terminal 1,...

Supreme Court Tariff "Bomb"? Fears Of A $200 Billion Refund Shock Are Overdone Authored by Daniel Lacalle, The market consensus reaction to the Supreme Court ruling on the Liberation Day tariffs exaggerates the negatives and ignores the options of the Trump administration. Markets are overreacting to headlines about a $175–200 billion tariff refund financial hole. However, the Supreme Court ruling opens a long, narrow, and manageable process, not an imminent fiscal crisis. In the days after the Supreme Court struck down the Trump Liberation Day tariffs, many sell-side analysts turned a complex legal...