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SpaceX’s $1.5 Trillion IPO

Mar 11, 2026Center Right

Plus: ‘Most intense’ day of U.S. strikes on Iran and talks on releasing oil reserves.

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Trump Thinks Musk Will Donate SpaceX Stock to Trump Accounts

Bloomberg Politics

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Trump Thinks Musk Will Donate SpaceX Stock to Trump Accounts

President Donald Trump said he thinks Elon Musk will donate SpaceX stock to the Trump accounts initiative, following other technology executives who have embraced the new investment vehicles for children.

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WATCH LIVE: Trump Delivers Remarks After Touring Newly Built Theodore Roosevelt Presidential Library – 3:15 PM ET

The Gateway Pundit

2 days ago

WATCH LIVE: Trump Delivers Remarks After Touring Newly Built Theodore Roosevelt Presidential Library – 3:15 PM ET

President Trump will deliver remarks in Medora, North Dakota, this afternoon after attending the opening ceremony and touring the newly built Theodore Roosevelt Presidential Library. As The Gateway Pundit reported earlier, Trump used his new Air Force One jet for the trip. The post WATCH LIVE: Trump Delivers Remarks After Touring Newly Built Theodore Roosevelt Presidential Library – 3:15 PM ET appeared first on The Gateway Pundit.

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Common Dreams

2 days ago

Governments Are Spending $1.1 Trillion Propping Up the Fossil Fuel Industry While Households Pay the Price

As 350.org, Fuel Poverty Action and coalition partners today demonstrate against rising energy prices outside the Department for Energy Security and Net Zero, a new report from the UN Development Programme (UNDP) lays bare the true scale of the fossil fuel subsidy crisis: governments worldwide are on course to spend $1.1 trillion propping up the fossil fuel industry in 2026, a figure that could rise to $1.43 trillion if oil prices reach $110 a barrel. The UNDP report, Military Escalation in the Middle East: Cushioning the Global Shock, finds that governments have responded to conflict-driven oil price spikes by expanding fossil fuel subsidies, price caps and tax rebates. While these measures offer short-term relief, they are consuming public budgets that should be building schools, hospitals and clean energy infrastructure. Many developing countries entered the latest crisis already burdened by rising debt, and fossil fuel handouts to keep prices artificially low are depleting public budgets and increasing their risk of debt distress.Anne Jellema, Executive Director of 350.org, said:"The $1.1 trillion that governments are pouring into fossil fuel subsidies this year is not a safety net, it is a ransom payment. Every dollar spent shielding the fossil fuel industry from the consequences of its own price volatility is a dollar not spent on the clean energy systems that can bring costs down for good.We need a phase out to end public subsidies for fossil fuel companies, and a permanent windfall tax on fossil fuel profits. Not a one-off levy, but a permanent, legislated mechanism that redirects the extraordinary profits of an industry driving this crisis into the just transition every country needs. That means affordable clean energy, retrofitted homes, and funding to protect people from the extreme weather unleashed by fossil pollution..”The UNDP report calls for easier access to international climate financing and accelerated investment in renewable energy, and explicitly frames energy security and the energy transition as inseparable.

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Democratic Socialist Melat Kiros Defeats 15-Term Incumbent in Colorado Primary

Truthout

2 days ago

Democratic Socialist Melat Kiros Defeats 15-Term Incumbent in Colorado Primary

Kiros’s platform includes Medicare for All, universal child care, and abolishing ICE.

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Socialist Ousts 15-Term Dem Congresswoman in Colorado

RealClearPolitics - Homepage

2 days ago

Socialist Ousts 15-Term Dem Congresswoman in Colorado

Melat Kiros, a 29-year-old democratic socialist, unseated Representative Diana DeGette in a Democratic primary to represent the Denver area.

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News

2 days ago

Colo-radical: Socialist Who Called 9/11 ‘Inevitable’ Takes Down 15-Term Incumbent in Denver House Primary

Far-left House challenger Melat Kiros, a socialist who called both the Oct. 7 and Sept. 11 terror attacks "inevitable," unseated Rep. Diana DeGette, who has represented Denver for nearly 30 years. The result comes on the heels of Mayor Zohran Mamdani's socialist sweep in New York City's congressional primaries and shows that left-wing radicalism is not confined to the East Coast. The post Colo-radical: Socialist Who Called 9/11 ‘Inevitable’ Takes Down 15-Term Incumbent in Denver House Primary appeared first on .

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Kiros ousts 15-term Colorado U.S. Rep. DeGette

Axios

2 days ago

Kiros ousts 15-term Colorado U.S. Rep. DeGette

Progressive upstart Melat Kiros completed a monumental upset over U.S. Rep. Diana DeGette, defeating the 15-time incumbent on Tuesday to secure the Democratic nomination in Colorado's 1st Congressional District, the AP reports.Why it matters: The 29-year-old's victory proves that anti-establishment victories in New York City can be replicated, likely increasing anxiety for other Democratic incumbents.State of play: Kiros' victory in the deep-blue district means she's poised to become the first Black woman to represent Colorado in Congress and just the third woman to represent the district since 1972.The Associated Press called the race for Kiros just after 10pm Tuesday.She led by 6 points in latest ballot drop from Denver Elections Division, with 49% compared to DeGette's 44%.Challenger Wanda James was in third with 7.2%.By the numbers: The primary attracted millions in outside spending, according to Federal Election Commission filings. But despite DeGette's significant financial edge, Kiros prevailed.Justice Democrats' super PAC was Kiros' biggest backer, spending more than $500,000, followed by left-wing PAC American Priorities at $150,000.Pro-Choice Majority Action — which has ties to the Democratic Women's Caucus and, indirectly, AIPAC — was DeGette's biggest spender, putting more than $1.5 million behind the incumbent.Context: Kiros earned backing from key left-leaning groups such as the local Democratic Socialists of America chapter, the Colorado Working Families Party, Justice Democrats and the Sunrise Movement.She received a major endorsement from progressive champion Sen. Bernie Sanders (I-Vt.) this month. Despite being a Congressional Progressive Caucus member and Medicare-for-All cosponsor, DeGette had been tagged by the left as a defender of Israel and recipient of corporate PAC support.What's next: Kiros moves on to the Nov. 3 general election, where she's the presumptive winner in the heavily Democratic seat covering Denver and parts of Arapahoe County.

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Democratic socialist Melat Kiros defeats 15-term incumbent in Colorado House primary

US news | The Guardian

2 days ago

Democratic socialist Melat Kiros defeats 15-term incumbent in Colorado House primary

Twenty-nine-year-old beat representative Diana DeGette in deep-blue Denver districtThe democratic socialist Melat Kiros unseated long-serving US representative Diana DeGette in Colorado’s primary elections held on Tuesday, the latest in a string of high-profile victories for the party’s insurgent left. The Associated Press reported that Kiros had defeated DeGette for the Democratic nomination in the deep-blue first congressional district centered on Denver. Kiros’s triumph came a week after New York voters unseated two Democratic congressional incumbents and replaced a third who was retiring with candidates who had campaigned on standing up to Israel amid accusations that it was carrying out a genocide in Gaza. Continue reading...

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SpaceX’s $1.5 Trillion IPO

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SpaceX’s $1.5 Trillion IPO

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