NEW: Justice Clarence Thomas issues a scathing 91-page dissenting opinion after the Supreme Court struck down President Trump's birthright citizenship order.
"The Court today takes the extraordinary step of holding facially unconstitutional the President's Order excluding from citizenship the children of foreign temporary visitors and illegal aliens," Thomas wrote.
"In doing so, the Court adds to the sad history of the Fourteenth Amendment, which was designed and understood to secure equal rights for the freed blacks but has instead been repurposed for political projects that the Reconstruction Congress did not support."
Celebrating America's 250-Year Legacy of Service, Sacrifice and Strength. What a great tribute to the institutions that helped to establish our first 250 years. Proud to have done my small part.
https://t.co/H7YSgCuU7B
@slcairport Beware: Parking is a mess too. Parking garage was shut down, and Large section of economy parking blocked off. Tons of drivers searching for spots and everything is full.
@slcairport parking situation is a disaster right now. No warning, the garage is shut down. You have a large section shut down (appears to be for resurfacing). Tons of passengers desperately driving around looking for a spot. Someone fix it and open the closed lot! Madness.
@ewarren I'm nowhere near this group and don't personally know anyone who is, but first, cut fraud, and second, find better ways to do more with all the taxes being wasted now. Do more with less.
I have no special knowledge of this particular operation but versed in this stuff generally. What I’ve read said that it was a FARP, which is a Ford Arming and refueling point. Think of it like a ‘convenience store’ for helicopters, needing fuel and ammo, as well as other logistics and communications relay, medical, etc. These can be temporary or more permanent in nature. My guess is one of the C1 30s was a fueler, which is naturally very heavy. That could’ve contributed to it getting ‘stuck in the sand,’ as has been reported.
Amazing what our Team pulls off.
The investor list tells you exactly what WHOOP is now.
$10.1 billion for a company that gives away a screenless rubber band. The device has no screen. No buttons. No display. The hardware is free with every subscription. WHOOP charges $199 to $359 per year for the right to look at your own biometric data in an app.
2.5 million members. $1.1 billion bookings run rate. 103% year-over-year growth. Cash flow positive. Those are SaaS metrics from a company that started as a wristband for CrossFit athletes.
Now look at who wrote checks. Qatar Investment Authority. Mubadala. Abbott. Mayo Clinic. Sovereign wealth funds and two of the largest healthcare institutions on Earth. QIA manages over $500 billion. Mubadala manages $300 billion+. These are the same funds buying stakes in global hospital networks, pharmaceutical pipelines, and biotech platforms. They did not invest $575 million because they think recovery scores are cool.
WHOOP sits on 24 billion hours of continuous physiological data. Heart rate variability, respiratory rate, skin temperature, SpO2, sleep architecture, blood pressure, ECG, and now blood biomarkers through Advanced Labs. From 2.5 million people wearing the device 24/7, generating data every single second.
Abbott makes glucose monitors, diagnostics equipment, and cardiac devices used in hospitals worldwide. Mayo Clinic runs one of the largest clinical research operations in medicine. When both of them invest in the same wearable company in the same round, they're buying a distribution channel for continuous patient monitoring outside the clinic.
The athlete investors are the packaging. Ronaldo, LeBron, Rory McIlroy, Virgil van Dijk. Their names make the fundraise go viral. Their actual function is keeping WHOOP positioned as a performance brand while the cap table quietly fills with healthcare infrastructure capital.
Previous valuation: $3.6 billion in 2021. Today: $10.1 billion. A 2.8x jump in five years, with the entire delta coming after WHOOP got FDA clearance for ECG and blood pressure monitoring. The regulatory moat is the valuation inflection.
Will Ahmed built a fitness tracker. The cap table says he's building the consumer front-end for the next generation of preventive medicine. The $10.1 billion bet is that the hospital of the future starts on your wrist.