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BREAKING: Press Secretary Karoline Leavitt just blatantly lied about Trump's "One Big Betrayal Bill." FACT CHECK: While the bill does include roughly $1.6 trillion in mandatory-spending cuts (mainly Medicaid work-rules, SNAP changes, student-loan interest, and IRA clean-energy repeals), it also, however, reduces tax revenue by about $4.1 trillion. When...

586,047 views • 1 year ago •via X (Twitter)

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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.

Shanaka Anslem Perera ⚡

722,002 views • 2 months ago

What happens when Europeans find out how poor they are? The Europoor? Nothing. That’s what happens. Americans ring the White House every morning to ask what the GDP is today, the way the rest of us check the weather. The trouble is that GDP is what you get when you stick Jeff Bezos and a man sleeping in a Walmart car park into a spreadsheet and take the average. It tells you the country is rich. It does not tell you that a hundred million people inside it are quietly not. GDP measures how much money sloshes around. It does not measure whether any of it ever reaches you, or what sort of life you get to live once it does. It also, rather conveniently, doesn’t mention the bill. Because the whole American miracle is being run on a credit card that has been on fire since the Reagan administration. The federal government owes nearly forty trillion dollars. The households owe another eighteen. Car loans, student loans, medical debt, a mortgage the size of a small principality, and a Visa bill that arrives in an envelope you have to open with tongs. This is the country lecturing the rest of us about prosperity. This is a man pulling up to valet parking in a leased Lamborghini and calling himself rich because nobody at the table has yet asked to see his bank statement. Run any household like that and the bailiffs would be through the door by Thursday. Run a country like that and apparently you get to be on the cover of The Economist. And this is where the whole sermon falls apart. Because on every single thing that actually makes a life worth getting out of bed for, Europe wins. Not by a bit. By a humiliating distance. The food. The streets. The holidays. The pavements you can walk on without being flattened by a Dodge the size of a small barn. The cities built before the invention of the strip mall. The Tuesday afternoon that contains an actual lunch, rather than a protein bar eaten standing up over a keyboard. The summer that contains an actual summer. Pick any parameter that matters to a human being who is alive and would like to remain so in reasonable spirits, and Europe is ahead. Often by a mile. Sometimes by an ocean. So no. Europeans are not about to find out how poor they are. We found out years ago, had a long hard look at the alternative, the debt, the diabetes, the drive-thru funerals, and decided we’d really rather not.​​​​​​​​​​​​​​​​ If you like what you read, follow Gandalv on X: Gandalv

Gandalv

225,559 views • 3 months ago

THE FINAL STRETCH BEFORE EVERYTHING CHANGES….💫🛸💫 💥Note to Anons- Patriots: You have been through more than you let on, more than anyone knows, the sleepless nights, the relatives, friends and strangers that laughed at you. Moments you questioned yourself-times you had nothing left; but still chose to believe. You held on when others folded. You stayed when it would of been easier to walk away. That makes you rare, dangerous and destined. “You may not feel it right now,” but this is THE FINAL STRETCH before everything changes. There will come a day when you sit in stillness and remember the version of you who refused to “Give Up.” The one who showed up broke, exhausted and ridiculed; but never let go of the vision. That day is coming—and when it does you will cry; not because you are hurting-because it all finally made sense. All the pain, doubt, delays and all the missed exits. It wasn’t punishment; It was preparation. You weren’t meant to get rich fast, You were meant to become someone “Unshakable.” You are awake,alive and know this matters. Now, you’re too far in to turn around and way too close to fold under pressure. The storm is loud but your intuition is louder and it’s been screaming from the beginning; “Hold On-Just Hold.” This moment is once in a lifetime, you won’t see it again. NOT LIKE THIS-NOT AT THIS PRICE-NOT WITH THIS SETUP. So breathe, trust your gut, Silence the noise and when this ends-when it finally ENDS-you’ll be the one they come to asking “HOW YOU KNEW?” And you’ll smile 🙂because deep down, way down; “YOU ALWAYS KNEW.” I’m proud of you, you’re almost there; Finish The Mission-I Love You.

Danielle knows a lot

45,745 views • 1 month ago