Topic: spacex
The $1.5 Trillion Rocket: Inside the SpaceX IPO Valuation
SpaceX isn't "zero profit" — it posts a $4.9B net loss because it merged with xAI (which owns X/Twitter). The space business is profitable; at ~$1.5T it's ~52% of the entire US aerospace & defense…
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.