Elon Musk’s U.S. DOGE Service consistently overstated its savings, taking credit for lease cancellations initiated before the group existed, a government watchdog found.
DOGE also claimed contracts were terminated that had not been, the report said. https://t.co/Oe9hyGO7z4
Hi. On today's episode of Some More News, we look at the lasting impact of Elon Musk's DOGE: all the jobs and programs they slashed, plus USAID and how feeding it "into the woodchipper" resulted in hundreds of thousands of deaths.
Link: https://t.co/XWAPa4WVhR
SpaceX ($SPCX) has already become one of 2026’s roughest major IPOs.
Shares are down 27% from the public debut and have underperformed roughly 90% of U.S. IPOs valued above $1B since 2009.
The business may still be massive. The stock has been a different story so far.
@PollTracker2024 https://t.co/LZOlwhQyNM
CA-22, ME-02, AZ-01 are missing from their Red to Blue program now that their meddling failed there. Does Hakeem Jeffries care about that?
As I’ve said for years, a truly generational loser. In his two-sizes-too-small Jensen Huang jacket. He thinks everyone who follows him is a real person, too 😂
So @NickKristof has already proved and demonstrated that Musk is lying about this, and offered evidence, names of specific people, and Musk is studiously and conveniently ignoring him while repeating this lie.
Wow, the S&P Dow Jones Indices has just officially announced that they will NOT be changing their inclusion rules to make it easier for “MegaCap” companies (such as @SpaceX) to be fast-tracked into the S&P 500.
Their reasoning:
"S&P DJI determined that exceptions to the financial viability, seasoning, and IWF requirements should not be granted solely based on market capitalization. The decision not to adopt the proposed exceptions preserves core index principles by maintaining consistent application of these key requirements. Although there may be trade-offs between strict adherence to these eligibility requirements and broad representativeness, the current methodology provides substantial market coverage and sector balance. As a result, the indices can continue to meet their stated objectives while preserving their role as representative and investable benchmarks for the U.S. equity market.
No changes will be made to the eligibility criteria including financial viability screens, seasoning period, or minimum IWF, for the S&P 500, S&P MidCap 400, or S&P SmallCap 600 as a result of the S&P Dow Jones Indices consultation on the treatment of MegaCap companies. Accordingly, there will be no changes to existing methodology for this index family."
This means that the earliest @SpaceX could be eligible to be added to the S&P 500 would now be June 2027.
The requirements that will now remain in place are:
• No changes to S&P 500 eligibility rules for mega-cap companies.
• Mega-cap companies will still need to wait 12 months after their IPO before being considered for S&P 500 inclusion.
• S&P will not waive profitability requirements for mega-cap companies. The company must have positive GAAP net income in the most recent quarter, and the sum of the most recent four consecutive quarters.
• S&P will not waive minimum public float requirements for mega-cap companies. At least 10% of a company's shares must be publicly tradable ("free float").
The S&P rejected proposals that would have:
• Reduced the IPO seasoning period from 12 months to 6 months
• Waived profitability requirements
• Waived minimum public float requirements
Breaking: Elon Musk defrauded Twitter investors when he disparaged the company in 2022 in an effort to buy the social media platform for a lower price than his original $44 billion bid, a jury concluded https://t.co/vJRJX664ST
Powerful, infuriating report by Last Week Tonight on how Trump and @elonmusk destroyed @USAID for the absolute dumbest of reasons - and the immense damage that has followed. Please watch:
https://t.co/LFHp8EwgzI
@LordWaffleman@Pirat_Nation They can pressure/threaten Redhat, Canonical, Valve, SUSE, Google, etc but they don't have leverage over non-corporate-controlled distros