Topic: spacex
Musk’s midterm losses check out, but nothing shows his spending caused them
Musk’s roughly $450 million midterm bet went almost entirely to losing races, and his stocks fell the next day. Whether his spending caused the loss is unproven.
Ukraine’s Starlink cap was real; four official accounts of it cannot all be true
Ukraine’s military Starlink lost its link above about 100 mph on Oct. 14. Musk says the U.S. government sets such limits. Trump, Rubio and Hegseth say the government set none.
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.