Billionaires Scrambling for These Stocks

Billionaires and other rich investors have been hoarding shares of certain stocks in the market. These stocks are poised to spring up upward because of a once-every-25-years event. This will happen no matter who wins the Presidential Election... And wealthy investors are already positioning themselves to profit from it.

Newsom Sides With Musk In Dispute Over California SpaceX Launches

Nabaparna Bhattacharya
October 19, 2024

Gov. Gavin Newsom (D-Calif.) has expressed his support for Elon Musk in the billionaire’s dispute with a California agency that rejected an expansion of SpaceX’s rocket launches along the Pacific coast.

In a recent interview, Newsom voiced his disapproval of the agency’s decision, aligning himself with Musk’s position after returning from a campaign event for Vice President Kamala Harris in North Carolina, reported Politico.

Musk filed a lawsuit against the California Coastal Commission in federal court in Los Angeles on Tuesday, alleging that the commission engaged in blatant political discrimination by citing his support for former President Donald Trump when it rejected a Department of Defense proposal to increase SpaceX launches at Vandenberg Space Force Base.

Also Read: Gavin Newsom Approves New Law to Tackle Gas Prices, Says Oil Industry Raising Prices To ‘Scare Voters’ Into Supporting Trump

Newsom acknowledged that his comments might not aid Musk’s legal case, suggesting that such explicit political issues should not be raised.

The Coastal Commission’s 6-4 vote against the increased launches raised concerns about the classification of SpaceX activities and shifted discussions to Musk’s political conduct and labor practices.

Previously, Newsom and Musk have had tensions over various issues, including Musk’s relocation of businesses and Newsom’s criticisms of Trump.

Newsom pointed out that while Musk’s recognition of political discrimination is a positive step, his substantial donations to Trump raise questions about his character.

He emphasized that his administration had previously collaborated with the Defense Department to address concerns related to the launch proposal, and indicated that efforts were made to find common ground before the commission’s decision, noting that the focus should have been on broader implications rather than Musk’s political persona.

Read Next:

  • ‘What Newsom Is Proposing Will Crater The Hemp Industry’: Could California’s Restrictions Spread Nationwide?

Continue Reading...

Popular

ABBA, Radiohead and The Cure musicians sign AI protest letter against 'unlicensed use' of works

LONDON (AP) — Musicians from ABBA, Radiohead and The Cure have joined actors and authors in signing a protest letter against the mining of their artistry to build artificial intelligence tools.

Nuclear Energy Stocks Are Hot: Here's A List Of Tickers To Watch

Nuclear energy-related stocks have taken off following major announcements from Google and Amazon as the tech industry turns to nuclear energy to power AI data centers.

Prepare for President Kamala - Ad

I won't be voting for her. Even so, I'm worried VP Kamala Harris could pull off a victory and become our next president. And it would be much worse than anything you might expect--especially when it comes to your money. Because likely WON'T get a second chance at recovering the money you stand to lose if she takes power.

A failed mic leaves Donald Trump pacing the stage in silence for nearly 20 minutes

DETROIT (AP) — paced his rally stage in silence for nearly 20 minutes Friday night in Detroit after his microphone cut out.

Musk offers voters $1 million to sign PAC petition backing the Constitution. Can that be legal?

, the billionaire founder of Tesla and Space X and owner of X who's gone all-in on Republican candidacy for the White House, has already committed at least . Now he's pledging to give away $1 million to voters for signing his political action committee's petition backing the Constitution.

New "Living Missile" to Replace Nuclear Missiles - Ad

CBS News Reports: "It's an entirely new type of weapon." The New York Times Reports: "No existing defense can stop it." And one small company is building them for the Pentagon!

SpaceX Wins Major US Space Force Contract Worth $734M For National Security Missions

Elon Musk's SpaceX has secured a significant $733.6 million contract from the U.S. Space Force to execute at least nine national security launches.

Why November 7th Will Impact Stocks More Than The Election - Ad

(This happens only once every 25 years.) Just 48 hours after the 2024 Presidential Election... A man from a completely different government branch is going to stand up, say a few words... ... and make history in the stock market. This event comes along only every 25 years... And experts are already positioning themselves to profit from it.

Disney to debut new Lightning Lane Premier Pass this month, but some guests may have sticker shock

The Walt Disney Co. is set to pilot a new pass for guests to get on rides faster at its domestic theme parks, but the cost might be a bit out of reach for many.

Social Security's scheduled cost of living increase 'won't make a dent' for some retirees

WASHINGTON (AP) — Sherri Myers, an 82-year-old resident of Pensacola City, Florida, says the Social Security cost-of-living increase she'll receive in January “won't make a dent” in helping her meet her day-to-day expenses.

My TOP Altcoin for Right Now Is... - Ad

Searching for the top investment opportunity in crypto? Look no further. Our $3 report gives you the full scoop. You'll get this exciting token's name, our recommended investment strategy, and growth projections. Time is of the essence with this one...

Supreme Court Split Over Trucker Fired For Unintentional CBD Use, Suing Under RICO Act

U.S. Supreme Court considering RICO case involving fired truck driver claiming injury from CBD product, divided on implications of ruling.

Google Says An Election Ad Ban Will Be Imposed After Polls Close To Curb Misinformation: 'Implementing This Policy Out Of An Abundance Of Caution'

Google will temporarily suspend all U.S. election-related ads after polls close on Election Day to prevent misinformation, resuming the policy it used in 2020 as part of broader efforts to curb election interference.

Costco Gold Mania - Ad

They sell out "within a few hours" of going online, says Costco's CFO. And more than 77% of Costco stores have completely sold out as well. Despite the clear mania in gold... according to the gold experts at Stansberry Research, there's an EVEN BETTER way to invest in gold, without rushing to Costco to buy gold bars.

Donald Trump's World Liberty Financial Token Sales Hit $220M In First Hour, Website Faces Multiple Outages

Donald Trump's family project World Liberty Financial (WLFI) hit the floors, with its token sale reaching $220 million in value within first hour despite website crashes.

Forget Nvidia, Apple, Tesla, and Google - Ad

Market Wizard Larry Benedict: "Forget 99% of stocks: It's possible to make all the money you need for a happy retirement with just this one."

American Express profit rises in Q3 as card members continue to spend

NEW YORK (AP) — American Express' third-quarter profit topped analysts' expectations as the credit card company's cardholders continue to spend, with many holding a balance.

Permits put on hold for planned pipeline to fuel a new Tennessee natural gas power plant

NASHVILLE, Tenn. (AP) — A federal appeals panel has temporarily halted two permits needed to begin construction on a pipeline project in Tennessee that will supply a natural gas plant.

Elon: Tesla Is a Robotics Company Now - Ad

Elon Musk's new plan for Tesla's future has nothing to do with electric cars... TechRadar reports it "will blow your mind..." & McKinsey says it "will shape the coming decade." We recently got our hands on a video clip detailing this breakthrough.

House Democrats Urge DEA To Speed Up Cannabis Rescheduling

House Democrats urge the DEA to reschedule cannabis under federal law while hinting at possible future descheduling.

Bigger Returns With Less Capital? The Multiplier Strategy Explained - Ad

Instead of paying thousands for an ounce of gold, why not multiply your returns by investing in the companies that mine it? As gold prices climb, their profit margins can skyrocket - and so can their stock price. The gold multiplier effect means bigger profits with lower investment. This young company, with prime land in one of America's richest gold districts, is ready to take full advantage of rising gold prices.

Mark Cuban, An Ardent Kamala Harris Supporter, Isn't Keen On Elizabeth Warren As He Is On Her Pro-Crypto GOP Rival: Here's Why

Billionaire investor and television celebrity Mark Cuban has thrown his support behind Republican Senate hopeful John Deaton, who is running against anti-cryptocurrency crusader Sen. Elizabeth Warren (D-Mass.).

Early Nvidia, AMD, and Tesla Investor Shares New AI Picks - Ad

Jeff Brown, the tech expert who recommended Nvidia, AMD, and Tesla, is now releasing new AI stock picks. He believes they could deliver even bigger gains than before.

In Philadelphia, Chinatown activists rally again to stop development. This time, it's a 76ers arena

PHILADELPHIA (AP) — Vivian Chang works on a narrow Philadelphia street that would have been consumed by a Phillies stadium had Chinatown activists not rallied to defeat the plan in the early 2000s. Instead of 40,000 cheering fans, the squeals of young children now fill the playground at Folk Arts-Cultural Treasures Charter School, which opened in 2007.

VC Ben Horowitz First Endorsed Donald Trump, Now Pledges Support For Kamala Harris

Prominent venture capitalist Ben Horowitz intends to financially support Kamala Harris' presidential campaign – a move that comes on the heels of his recent financial support for PACs that favored Donald Trump.

America Can't Afford a Harris Presidency - Ad

New research from Jim Rickards - former advisor to the CIA - reveals shocking predictions about an "Election Meltdown" coming this November. Jim's showing all American patriots why an "Election Meltdown" could crash stocks by 50%, lead to the final demise of the dollar, even cause violent riots in the streets.

Alibaba, Nvidia, Riot Platforms, Celsius Holdings, Tesla: Why These 5 Stocks Are On Investors' Radars Today

On Monday, major U.S. indices saw declines, with the Dow Jones Industrial Average slipping 0.9% to 41,954.24, while the S&P 500 dipped nearly 1% to 5,695.94. The Nasdaq dropped 1.2% to 17,923.90. These are the top stocks that gained the attention of retail traders and investors throughout the day:

Alabama man arrested in SEC social media account hack that led the price of bitcoin to spike

WASHINGTON (AP) — An Alabama man was arrested Thursday for his alleged role in the of a U.S. Securities and Exchange Commission social media account that led the price of bitcoin to spike, the Justice Department said.

Financial Nightmare Coming After Election - Ad

In 2018, one independent research predicted Kamala Harris was on her way to becoming the president of the United States. "Frankly, she scares us to death... and she should scare you," they wrote. Which is why you need to check out their newest Kamala prediction immediately.

What's next for oil and gas prices as Middle East tensions heat up?

Oil prices climbed this week as tensions in the escalated. and the Israelis threatened retaliation, raising the possibility of a disruption to the flow of oil from the region. A jump in oil prices automatically spurs fear of a spike in gas prices, but experts see reasons that may not happen.

Robinhood Announces Futures Trading, Index Options Trading

Robinhood CEO Vlad Tenev announced the launch of futures trading and index options trading in a major expansion of the platform's offerings.

Could $1 Stock Be Sitting on a Billion-Dollar Discovery? - Ad

This $1 stock has already made its mark with a listing on the prestigious NYSE. Now, it's sitting on prime land in one of America's richest gold districts, with the potential for a billion-dollar discovery. For savvy investors, this may be a $1 "Golden Ticket" to massive returns.

Poland tightens visa rules as probe confirms previous government's cash-for-visas scandal

WARSAW, Poland (AP) — Poland is tightening its visa regulations as probes into alleged have confirmed which cost the public purse millions of dollars, the foreign minister of this European Union country said Thursday.

$26M Bet On Trump's Election Victory Fuels Speculation Of Coordinated Activity On Polymarket (UPDATED)

Single entity behind $26 million Trump bet on Polymarket, coordinated activity with similar deposit patterns, raises questions about manipulation.

Is Gold Headed Above $3,000 per Ounce? Here's How to Play It... - Ad

With so many strange events happening across the economy (the longest bear market for bonds since the Civil War... unprecedented bank closures... and soaring prices), it's no wonder the richest investors are loading up on gold. But what you might not realize is there's a much better way to profit from rising gold prices -- WITHOUT ever touching an ETF, mining stock, or even bullion.

Close call at Nashville airport came after planes were directed to same runway, probe shows

WASHINGTON (AP) — Investigators said Wednesday that air traffic controllers cleared an Alaska Airlines jet to take off from Nashville last month after telling pilots of a Southwest Airlines jet to cross the same runway.

Trending Now

Information, charts or examples are for illustration and educational purposes only and not for individualized investment management This message contains commercial elements, such as advertising. We only send these offers to those who have opted in to our newsletter. Past performance is not indicative of future results. For these reasons we strongly suggest trading in a DEMO/Simulated account. The information provided by us is for educational and informational purposes only. We make no representations or warranties concerning the products, practices or procedures of any company or entity mentioned or recommended and have not determined if the statements and opinions of the advertiser are accurate, correct or truthful. If you use, act upon or make decisions in reliance on information contained or any external source linked within it, you do so at your own peril and agree to hold us, our officers, directors, shareholders, affiliates and agents without fault.

Copyright smartmoneytrading.net
Privacy Policy | Terms of Service