Sunday Morning Round-Up: SpaceX’s Paradox, Crypto Evasion, and America’s Surveillance State

TL/DR –

1. The stock market values SpaceX at roughly $2 trillion, equating it to Amazon and surpassing JPMorgan and ExxonMobil combined, which some claim is due to naïve investors banking on Elon Musk’s promises; seasoned investors, however, are skeptical and view SpaceX as a governance nightmare.
2. Blacklisted entities handled $100 billion in cryptocurrencies in 2025, using them to finance terrorism and weapons, while the rise of surveillance company Flock Safety has led to concerns about America becoming a surveillance state.
3. The falling rate of public literacy, increased risks to patients due to private equity’s stake in US healthcare, corruption in the Supreme Court, the growth of measles outbreaks due to declining vaccination rates, and the controversial use of British right-wing propagandists in CBS News are also significant issues being highlighted.


World-Class or Junk? Unpacking SpaceX Investment Dilemma

Wall Street’s distinction between “smart money” and “dumb money” illuminates the uncertainties surrounding SpaceX investment. Currently valued at around $2 trillion, the same as Amazon, SpaceX is treated with skepticism by seasoned investors aware of the necessity for profits. The company is considered both a desirable private asset and a governance problem.

Cryptocurrencies: A Tool for Rogue Nations to Bypass Sanctions?

Blacklisted entities handled $100 billion in crypto in 2025, potentially funding terror and armament. This growing crypto economy is larger than anticipated and may be aiding sanction evasion. In a related story, Trump’s $1.4 billion crypto income, despite being free of conflict of interest, raises questions (Citation Needed).

The Rise of Flock Safety: Surveillance Concern in America

Jessica Burbank investigates how Flock Safety won government contracts across America and the increasing community resistance. She explores how this surveillance technology tracks American movements (Current Affairs).

Is America Losing its Civility?

The Grim Historian ponders if there’s a tipping point where rudeness and cruelty become culturally dominant. Are we nearing a stage where society is irreversibly rude (Defector)?

Is Universal Literacy Coming to an End?

The age of reading might be a short anomaly in human history. A decline in sustained reading raises concerns about a potential post-literate society (The Atlantic).

Risks to Patients as Private Equity’s Stake in US Healthcare Grows

A recent report highlights the ventures between private equity and nonprofits and calls for more oversight (The Guardian).

Is the Supreme Court Undermining American Democracy?

Henry Farrell suggests that the Supreme Court’s structure is corrupting American democracy (Programmable Mutter).

Increasing Challenges in Controlling Measles Outbreaks

Falling vaccination rates and a weakened public-health system make measles outbreaks harder to control. This is entirely predictable and preventable (Washington Post).

How Bari Weiss is Influencing CBS News Content

Accusations surface of Bari Weiss injecting right-wing propaganda into CBS news content, leading to lowest ratings in 25 years (Techdirt).

Olivia Rodrigo Turning Popularity into Political Action

Pop star Olivia Rodrigo is using her platform for political action, evolving from heartbreak anthems to political activism (Hollywood Reporter).


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