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"A Good Idea": SpaceX Jumps On Blowout Quarter, Musk Confirms Committees Discussing Tesla Merger
"A Good Idea": SpaceX Jumps On Blowout Quarter, Musk Confirms Committees Discussing Tesla Merger
Update (1730ET): The earnings call has seen SPCX shares extend their after-hours gains amid a tsunami of attention-grabbing comments from Elon Musk and CFO Bret Johnsen.
Perhaps the most shocking was Musk saying that he sees between $500 billion and $1 trillion of annual recurring revenue by the end of 2027.
Then he stepped it up further:
Musk says there’s a small opportunity for SpaceX to have 20 gigawatts of AI compute online next year.
Musk says he’s been spending a...
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Aug 10, 2026 / Jason Ditz
Future of Israel-Lebanon Talks in Doubt After ‘Annexation’ Map, Grave Demands
US-brokered Israel-Lebanon talks are already adjourned for the month of August, but as the war continues various controversies raise doubts over whether it would be worth coming back to the table in September, and indeed if Israel is taking these matters seriously. The latest round of controversies started Friday with the Israeli Foreign Ministry publishing […]
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Jul 25, 2026 / Tyler Durden
Platner's Replacement May Not Be Eligible For Nomination
Apr 29, 2026 / Tyler Durden
Wall Street Reacts To Powell's Last FOMC Meeting
Wall Street Reacts To Powell's Last FOMC Meeting
The kneejerk reaction from Wall Street pundits is that the bar for the Federal Reserve to hike rates is still relatively high and there’s no need for the Fed to change its bias or react in a meaningful way: that's the view voiced by SocGen's US Research Head Subadra Rajappa, who said on BBG TV that the "US is in a very good position overall"
Others, such as Deutsche Bank Chief US Economist Luzzetti, said that "the Fed could adopt a more balanced...
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