Retired self employeed middle class debt free person who is sick of the BANKSTERS and LOBBYIST that are dooming and starving the middle class, elderly & poor.
The world just paid $2 trillion for a rocket company that lost $4.9 billion last year. And the rockets are not why it lost the money. They are the only part making any.
SpaceX went public Friday, the largest IPO in history. Up 19%, a $2 trillion valuation, Elon Musk the first trillionaire. Then you open the filing.
Three businesses sit inside it. Starlink, the satellites, brought in $11.4 billion, 61% of all revenue, and $4.4 billion in profit. It is the only piece that earns a dollar. The rockets that land themselves run a small loss reinvesting in Starship. And the AI arm, Grok plus the app once called Twitter, folded in this February, lost $6.4 billion in a single year on $12.7 billion of spending.
Read that again. The satellites pay for everything. The AI loses more than the satellites make. And the AI is the part the market fell in love with.
It gets bolder. The prospectus claims a total market of $28.5 trillion, the largest any company has ever put in a filing. Larger than the GDP of the United States. That is the number underwriting a $2 trillion price tag built on a division bleeding $6 billion a year.
Now the structure. About 4% of the company trades. That sliver sets the price for all of it. Musk is locked up for 366 days and holds roughly 80% of the votes. The public bought a company they cannot steer, priced on the one segment losing the most.
This is the whole year in one ticker. The profit is satellites. The story is AI. The market bought the story.
The rockets were never the risk. The risk is a $2 trillion price resting on the one bet that has yet to make a cent.
Yes, the U.S. government lied about its illegal bioweapons labs in Ukraine. And yes, RT is celebrating this cover-up being exposed now.
The late Dr. Francis Boyle warned about these labs REPEATEDLY, in interviews with myself, Alex Jones and other independent media.
The CIA-controlled corporate media and left-wing media claimed it was all a "conspiracy theory." But it was all 100% true.
As usual.
The U.S. corporate media lied, while indy media told the truth.
Every single time.
Elon just created 4,400 millionaires in a single day.
400 of them are now worth over $100 million.
These aren't VCs. They're SpaceX employees, and the list includes welders, technicians, and cafeteria staff, because for two decades the company paid every level of the workforce in stock instead of higher salaries.
Juan Hernandez immigrated from Mexico and took a $28 an hour contractor welding job in 2015. He says he didn't even know what SpaceX was. The company gave him a $10,000 equity grant and let him buy more shares through payroll deductions. That stake is now worth $880,000.
Trevor Hise's parents wanted him to take a stable job at General Electric. He picked SpaceX instead, stayed 12 years, and accumulated over 100,000 shares. At the $135 listing price that's $13.5 million. He's 37 and semiretired. His words: "The magnitude of this has been ridiculous."
The most telling detail came before the listing. Over 100 employees quietly banded together and negotiated a group wealth management deal covering up to $5 billion, because none of them had ever needed a wealth manager before.
Software IPOs have minted millionaires for 30 years. This is the first one where the money went to the factory floor.
In attacking the USS Liberty, Israel allegedly sought to eliminate all witnesses to their atrocities against the Egyptians and their occupation of Gaza, the West Bank, and the Golan Heights. Fast forward 59 years and the same issues are playing out again right now.
But another long-held theory suggests the attack was meant to pull the US into a war.
While that did not happen directly, over the last 59 years, US foreign policy has benefited Israel greatly at the expense of other Middle Eastern countries. The justifications have included the war on terror and actions against figures like Osama bin Laden, Saddam Hussein, Muammar Gaddafi, Bashar al Assad, and now Iran. Yet none of those individuals or nations ever attacked the United States.
The USS Liberty story matters because it shows how history does not repeat, but it definitely rhymes — and the rhyme here is quite close...
BREAKING: Iran directly rejects Trump's new claim that he reached an agreement to "cancel tonight's strikes" on Iran as "baseless," saying no agreement has been approved at all, and all of Trump's words should be disregarded like all his previous "38 times" deal-imminent announcements over two months, per Tasnim.
A senior Israeli official also tells Channel 12 they are "not aware of any agreement being reached," per N12.
BREAKING: Iran directly rejects Trump's new claim that he reached an agreement to "cancel tonight's strikes" on Iran as "baseless," saying no agreement has been approved at all, and all of Trump's words should be disregarded like all his previous "38 times" deal-imminent announcements over two months, per Tasnim.
A senior Israeli official also tells Channel 12 they are "not aware of any agreement being reached," per N12.
34 American sailors killed, 171 wounded. An American Navy ship was attacked in international waters. Yet decades later, much of the country still knows little about the USS Liberty.
The USS Liberty remains one of the most egregious attacks ever carried out against U.S. military personnel, with questions that have never been fully answered and accountability that never came.
Rep. Thomas Massie recently brought renewed attention to the incident, honoring the survivors on the House floor and calling for further investigation into the attack.
As Congress is about to vote on an even deeper and more permanent military alliance with Israel, the USS Liberty story should not be forgotten, especially as Israel continues to dispute and downplay the significance of the attack.
I discuss this and more with @danielmkovalik.
BREAKING: Iran's President Pezeshkian responds to President Trump's threats to target Iranian infrastructure calling it "a sign of desperation."
Full statement:
"Critical infrastructures are the lifeblood of the people. Threats to target them, from transportation networks to the electricity and water industries, are not a show of strength but a sign of desperation in the face of a nation's will. Iran, relying on the knowledge and capabilities of its specialists, national unity, and solidarity, will stand firm against any pressure or threat," Pezeshkian says.
🚨🇮🇱 Thomas Massie CONFIRMS Israel used NAPALM on the USS Liberty.
34 Americans were burned alive, skin boiling from their bodies, after the IDF dropped Napalm on the unarmed ship.
He confirmed this yesterday in the U.S. Congress.
The medical examiner for Thomas Crooks is a dual American Israeli citizen, didn’t do the full toxicology report, and rushed to have Crooks cremated 2 days later with the bullet fragments still in him.
Why won’t the Trump admin release all the information?
The U.S. operation, presented as a mission to rescue the downed F-15 pilot, was never really a recovery mission at all.
Instead, it was an operation to seize Iran’s enriched uranium, one that went badly wrong.
This story of a heroic pilot rescue was then used to cover up the failure, while questions remain about what actually happened and why the pilot's identity has not been revealed since the operation.
I discuss how this narrative was sold to the world and why so many details remain unanswered with @JonesDanny
Thomas Massie delivers the truth about the intentional Israeli attack against the USS Liberty on the House Floor on the 59th year anniversary of the attack and calls for a real investigation.
He says there was a 17-hour delay in receiving help after they were under attack by Israel.
“It was intentional murder by the state of Israel.”
“The Israelis were intent to leave no survivors.”
“This was an effort to kill everyone on board.”
10 Things They DON’T Want You to Know About Israel’s Attack on the USS Liberty:
1. Israel identified the ship as American hours earlier and then attacked anyway.
2. Israelis jammed all U.S. distress frequencies so the ship couldn’t call for help.
3. One torpedo instantly killed 25 crew.
4. Israel shot up life rafts with machine guns.
5. Israeli helicopters circled the ship after the attack but refused to help the wounded crew.
6. U.S. jets launched twice to save the ship but the U.S. military ordered them back during the attack.
7. Congress never did a full investigation despite 34 dead and 171 injured.
8. Navy investigation was rigged: top lawyer swore they were forced to call it a mistake.
9. Joint Chiefs chairman and NSA leaders called it deliberate and a U.S. cover-up.
10. Survivors were threatened with court martial if they talked about it.