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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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May 21, 2026 / Tyler Durden
Trump Admin Targets States' Medicaid Fraud Units
Trump Admin Targets States' Medicaid Fraud Units
Authored by Tom Gantert via The Epoch Times,
Vice President JD Vance said during a recent press conference that he was intensifying attempts to counter Medicaid fraud by investigating state-level units responsible for oversight.
States such as California and Hawaii seemed to lag behind others in combatting fraud, said Vance, whom the president picked in March to lead an anti-fraud task force.
“Now, we have red states and blue states that go after fraud aggressively, but we also unfortunately have some states, mostly blue states, unfortunately,...
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Apr 10, 2026 / Tyler Durden
Kamala Harris Teases 2028 Presidential Run: "I'm Thinking About It"
Kamala Harris Teases 2028 Presidential Run: "I'm Thinking About It"
Former Vice President Kamala Harris has openly teased the possibility of running for president again in 2028 - telling an audience at the National Action Network’s annual convention in New York City alongside Rev. Al Sharpton: "Listen, I might, I might. I’m thinking about it. I’m thinking about it."
The crowd erupted into chants of "Run again!" as Harris spoke. "I served for four years being a heartbeat away from the presidency of the United States," she told the audience. "I spent countless hours...
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Aug 3, 2026 / Tyler Durden
The Kospi Made South Korean President Lee Jae Myung; It May Yet Unmake Him...
The Kospi Made South Korean President Lee Jae Myung; It May Yet Unmake Him...
There is a particular cruelty in the timing. When the Kospi began its final, cratering descent in late July, President Lee Jae Myung was roughly 11,000 miles away, midway through an 11-day diplomatic tour of South America, watching from hotel suites as the index he had made the totem of his presidency collapsed. His finance minister apologized to lawmakers. The heads of both financial regulators cancelled their holidays as retail investors laid funeral wreaths at the...
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