Topic: spacex
The $1.5 Trillion Rocket: Inside the SpaceX IPO Valuation
SpaceX is not a zero-profit company. It posts a $4.9 billion loss because it absorbed xAI; the rocket-and-Starlink business makes money. The $1.75 trillion price is a bet on the future.
Musk, America PAC, and DOGE: What Laws Were Broken and What Happens Next
The DOJ warned Musk the giveaway may violate federal law, his own lawyers admitted winners were preselected, and DOGE faces 200+ lawsuits — but no criminal charges have been filed yet.