Author: elonmusk
WASHINGTON (AP) — Elon Musk pushed debunked theories about Social Security on Monday while describing federal benefit programs as rife with fraud, suggesting they will be a primary target in his crusade to reduce government spending.The billionaire entrepreneur, who is advising President Donald Trump, suggested that $500 billion to $700 billion in waste needed to be cut.“Most of the federal spending is entitlements,” Musk told the Fox Business Network. “That’s the big one to eliminate.”The comments on the popular program and other benefits provided to Americans could rattle politicians on both sides of the aisle as Musk works to downsize…
WASHINGTON — Rivada Space Networks plans to start deploying test satellites for its projected low-Earth constellation in 2026, the company announced March 10.The initial deployment of test satellites will be followed by launches of operational satellites beginning in 2027 for Rivada’s Outernet project that aims to create a secure, laser-linked mesh network in space that does not rely on terrestrial gateways.Rivada’s Outernet represents a departure from conventional satellite communications, which depend on ground-based stations to relay data. Instead, its satellites will form a network in space to enable customers’ data to travel from one satellite to another until it reaches…
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español. XRP is once again the subject of bold forecasts, with market researcher Egrag Crypto anticipating a significant price boom. According to him, a major breakthrough pattern indicates that XRP might reach $27 in the coming months. This prediction has…
Your support helps us to tell the storyFrom reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it’s investigating the financials of Elon Musk’s pro-Trump PAC or producing our latest documentary, ‘The A Word’, which shines a light on the American women fighting for reproductive rights, we know how important it is to parse out the facts from the messaging.At such a critical moment in US history, we need reporters on the ground. Your donation allows us to keep sending journalists to speak to both sides of the story.The…
WASHINGTON — LeoLabs, a California-based space monitoring company, has secured a $60 million public-private agreement to deploy a next-generation radar site in the Indo-Pacific region.The agreement, announced March 8, is known as a Strategic Funding Increase (STRATFI) awarded by the U.S. Space Force SpaceWERX organization. One half is funded by the Small Business Innovation Research (SBIR) program and other defense agencies, including U.S. Space Command. The other half is funded by LeoLabs’ private investors. Under the agreement, LeoLabs will work to deploy a new Ultra High Frequency (UHF) radar installation by late 2026. The system will track satellites and other objects…
Delta Air Lines planes are seen parked at Seattle-Tacoma International Airport on June 19, 2024 in Seattle, Washington.Kent Nishimura | Getty ImagesDelta Air Lines slashed its first-quarter revenue and profit outlooks, citing weaker domestic demand, backing up growing concerns about lackluster sales in some corners of the travel industry.Delta expects revenue in the quarter ending March 31 to rise no more than 5% from last year, down from a forecast in January of 6% to 8% growth. It slashed its adjusted earnings forecast to 30 cents to 50 cents per share from a previous guidance of 70 cents to $1…
Shares of Tesla slid again Monday as confidence in Elon Musk’s electric car company continues to disintegrate following a post-election “Trump bump.”Tesla shares tumbled 15.4%, to $222.15. That’s the lowest Tesla shares have traded since late October, reflecting investors’ newfound pessimism as the automaker’s sales crater around the globe. Monday’s decline, Tesla’s steepest since September 2020, came with Wall Street in the midst of a sell-off caused by uncertainty over the Trump administration’s trade policies. Many analysts have attributed Tesla’s sagging stock — and auto sales — to Musk’s support of President Donald Trump and other far right candidates around…
Your support helps us to tell the storyFrom reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it’s investigating the financials of Elon Musk’s pro-Trump PAC or producing our latest documentary, ‘The A Word’, which shines a light on the American women fighting for reproductive rights, we know how important it is to parse out the facts from the messaging.At such a critical moment in US history, we need reporters on the ground. Your donation allows us to keep sending journalists to speak to both sides of the story.The…
WASHINGTON — SpaceWERX, the commercial outreach arm of the U.S. Space Force, selected eight companies for Strategic Funding Increase (STRATFI) agreements for 2025 worth a combined $440 million in government and private funding.Each STRATFI agreement is worth up to $60 million, with SpaceWERX and several defense agencies contributing up to $30 million per project. Private investors provide matching funds to scale innovations that have already demonstrated viability through prototype development.The winners — Albedo, Beast Code, CesiumAstro, Gravitics, LeoLabs, Rise8, Umbra and Xona — were announced March 8 at an event at the Capital Factory in Austin, Texas. The STRATFI program operates…
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español. Dogecoin is at a critical point, with its price hovering around $0.16. Traders are watching closely, as this support level could be the deciding factor in whether the meme coin takes off or tumbles further. If history is any…