Opinion

The national debt isn’t $39 trillion. One economist says it’s actually $100 trillion

"It's not a Ponzi scheme," Penn Wharton's Kent Smetters explained to Fortune. "It's a shell game." ...

Why CFOs should pay attention to Elon Musk’s SpaceX IPO and its rumored $1.5 trillion market cap

Musk’s record IPO pitch leans on massive capex, thin profits, and a very long runway.

To justify a $1.5 trillion market cap after its IPO, SpaceX would need to earn more than Berkshire Hathaway. Here’s why that’s unlikely

The real moonshot? Hitting the financial targets it would take to justify the market cap Elon Musk has been musing about.
Analytics Insight

Elon Musk Combines SpaceX and xAI in $1.25 Trillion Mega-Merger

Elon Musk has folded his artificial intelligence outfit into his rocket business, creating one of the biggest private ...

The Top 1% of Americans Have Taken $50 Trillion From the Bottom 90%—And That’s Made the U.S. Less Secure

A report shows that a $50 trillion redistribution of income to benefit the richest has made America less healthy, resilient, ...