Wall Street strains to justify SpaceX’s .75-trillion price tag

Wall Street strains to justify SpaceX’s $1.75-trillion price tag

The entrance to the SpaceX rocket launch area in Brownsville, Texas. Veronica Gabriela Cardenas/Reuters Wall Street is reaching for some unusual yardsticks to price Elon Musk’s SpaceX. At least one of SpaceX’s large institutional investors is privately benchmarking the rocket and satellite company not against aerospace rivals like Boeing or telecommunications giants like AT&T, but…

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Africa: Morocco Becomes Africa’s Top Arms Importer Amid Strains With Algeria – Report

Africa: Morocco Becomes Africa’s Top Arms Importer Amid Strains With Algeria – Report

Morocco has become the largest importer of major weapons in Africa, with purchases rising over the past five years as the country continues to modernise its military, a report has found. The increase comes amid strains with neighbouring Algeria. The findings come from the Stockholm International Peace Research Institute (Sipri) in Sweden, which tracks global…

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