SpaceX Short Sellers Book Billions as Elon Musk Tells Them Their ‘Survival Probability’ Is ‘Very Low’

SpaceX Short Sellers Book Billions as Elon Musk Tells Them Their ‘Survival Probability’ Is ‘Very Low’

Short sellers betting against SpaceX have amassed about $4 billion (£3 billion) in paper profits after shares in Elon Musk’s rocket and satellite company tumbled below their record-breaking initial public offering price, making it one of Wall Street’s most heavily shorted stocks barely a month after its market debut. Data from S3 Partners, a US…

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PlayStation 6 Release Date Leak: Sony Patent Reveals Crucial Next Gen Hardware Cooling Upgrade

PlayStation 6 Release Date Leak: Sony Patent Reveals Crucial Next Gen Hardware Cooling Upgrade

Sony’s next-generation PlayStation 6 could ship with a radically upgraded cooling system, according to a newly published Sony patent that surfaced this week and is already being linked to the PS6 by industry watchers. The patent, spotted online in July and filed by Sony Interactive Entertainment, describes redesigned heat pipes intended to keep a future…

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Russia Pounds Ukraine With A Barrage of Ballistics. Kremlin Is Exploiting A Crucial Weakness

Russia Pounds Ukraine With A Barrage of Ballistics. Kremlin Is Exploiting A Crucial Weakness

Russia pounded Kyiv with ballistic missiles and other weapons, killing one and wounding 16 people, exploiting Ukraine’s shortage of US-made Patriot air defense systems. In recent weeks, Kremlin has stepped up its use of ballistic missiles as it seeks to retaliate for Ukrainian strikes on oil facilities deep inside Russia, which have spurred critical fuel…

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Iran Officially Buries Remains of Defunct Truce With US. Middle East Flare-up Swallows Civilian Infra Targets

Iran Officially Buries Remains of Defunct Truce With US. Middle East Flare-up Swallows Civilian Infra Targets

Iran has said that the truce brokered in June to end the Middle East conflict has ended, effectively indicating that the strife-torn region is back in troubled waters. “The US has violated and suspended all its commitments within the framework of the Islamabad MoU,” the Fars news agency quoted Deputy Foreign Minister, Kazem Gharibabadi, as…

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