ELON MUSK NEEDS MONEY FOR SPACE PROGRAM

ELON MUSK CRYING POOR MOUTH.


Man Who ‘Has’ $170 Billion Says It Will Cost $30 Billion To Make Space Internet Company Viable

Despite already having 1500 satellites in orbit, Starlink will need significantly more money to survive

In a video conference on Tuesday billionaire carnival barker Elon Musk claimed that while the Starlink satellite internet venture was growing quickly, it was going to need a massive infusion of cash continue.

“If we succeed in not going bankrupt, then that’ll be great, and we can move on from there,” Musk said. He explained that he predicts the total investment cost in SpaceX’s Starlink venture being between $20 and 30 billion. With a B.

I guess he could always use some of that totally real, liquid $170 billion he is said to have!

Without making any details public, he claimed that Starlink had already secured “two quite significant partnerships with major country telcos.” Which seems to be the standard Musk move of promising big things without providing corroborating details. The internet service provider has secured about 69,000 global customers in about a dozen countries, each paying around $99 per month for a high-speed low-latency connection, after buying a terminal costing in excess of $1,000. Another extremely Musk move came when he said he expects Starlink’s customer base to grow to around half a million users within 12 months. What is that based on?

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Starlink has already launched more than 1,500 satellites into low orbit, meaning each satellite is serving about 40 Starlink customers at the moment. Analysts have been skeptical of the idea since its inception. Because Starlink is primarily targeting remote area users where high speed internet service is difficult and expensive, there simply may not be enough target users to recoup the massive initial investment.

In 2020 Musk claimed that Starlink projected a $30 billion annual revenue stream, but such a number would require tens of millions of users signing up. Admittedly, around 70 percent of the global population is connected to the internet, meaning Starlink would only need to convince a very small percentage of web surfers to switch to their service.

Tim Farrar, analyst and president of TMF Associates, gave Reuters his take on the situation.

“It is not implausible to get this number (a few million) to make the system not to go bankrupt. But this is not enough to justify the valuation of SpaceX,” he said.

“The more Elon talks up that he is going to invest tens of billions, the harder it becomes for other people. Obviously, that’s the big part of Musk’s objective: to limit competition.”

Starlink needs to scale, and it needs to do so quickly in order to fend off competition from Amazon subsidiary Kuiper, the British government-owned OneWeb, and Telesat. If Musk can convince investors with his rhetoric that it’s going to cost billions to get this tech scaled, then other investors will be less likely to back the competition.


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FLYING CARS BECOMING REALITY (VIDEO)

Flying car completes first test flight between airports in 35 minutes

A prototype flying car has completed the first-ever test flight between airports in Slovakia, taking to the skies and landing in 35 minutes.

AirCar, described as a “dual-mode car-aircraft vehicle” in a news release, traveled from the international airport in Nitra to the airport in Bratislava on Monday.

According to the company that created it, Klein Vision, the flying car completed its 142nd successful landing and the flight marked a key development milestone. With a click of a button, the aircraft turned into a sports car in under three minutes – and it was driven by its inventor, professor Stefan Klein.

After exiting the AirCar following the test, Klein declared the flight has started a “new era of dual transportation vehicles.”



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CALIFORNIA SENDS BUDGET WITH NO HSR MONEY

California Democrats send Newsom a budget without money for high-speed rail

Several large structures along California’s high-speed rail in Fresno appear nearly finished as seen in this drone video shot on March 4, 2021. By Craig Kohlruss

The conspicuous absence of money for high-speed rail in the $262.6 billion budget bill approved Monday by state legislators in Sacramento could have major consequences for construction work of the bullet-train line in Fresno County and the San Joaquin Valley.

The budget bill sent by the state Assembly and Senate to Gov. Gavin Newsom late Monday includes billions of dollars for transportation across the state.

But it does not include more than $4 billion sought by the California High-Speed Rail Authority and Newsom to advance work on the high-speed rail project that has been under construction in Fresno, Madera, Kings, Tulare and Kern counties for for seven years.


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SCOTUS RULES ON EVICTIONS

Supreme Court declines to stop federal moratorium on evictions

The U.S. Supreme Court on Tuesday declined to end the federal government’s temporary ban on evictions, which now is scheduled to expire in July.

The hight court ruled 5-4. Justice Brett Kavanaugh wrote that he thought the ban was illegal, but he noted that it is scheduled to expire soon.

The moratorium on evictions was put in place due to the financial hardship of the Covid-19 pandemic.

The Centers for Disease Control and Prevention issued a nationwide eviction moratorium last year due to the pandemic.


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THE MOUSE THAT REFUSED TO DIE


Mouse Thought Extinct for Over a Century Makes a Reappearance

Comparing DNA samples from eight extinct Australian rodents,
researchers in Australia have discovered that a mouse thought extinct for over 150 years still exists.

Scientists in Australia have discovered that a mouse thought extinct for over 150 years still exists.

Comparing DNA samples from eight extinct Australian rodents, as well as 42 of their living relatives, researchers determined that the extinct Gould’s mouse was indistinguishable from the Shark Bay mouse still found on several small islands off the coast of Western Australia, according to a study published in the journal PNAS.

The discovery is part of a larger examination into the decline of native species since the arrival of Europeans in Australia.

Lead author Emily Roycroft with the Australian National University declared the find “good news” in the face of the disproportionally high rate of native rodent extinction since European colonization in 1788.


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POLL RESULTS OF QUALITY OF LIFE IN SAN FRANCISCO


Poll: 70% of respondents say quality of life in San Francisco has declined

In an annual poll commissioned by the San Francisco Chamber of Commerce, 70% of respondents said the quality of life in the city has declined.

The so-called City Beat Poll was conducted from May 25 to 31, at a time when city residents had faced the economic and social impacts of the global COVID-19 pandemic for more than a year.

The poll was based on comments from 520 San Francisco residents who are all registered to vote and was conducted via hybrid telephone, internet and text in both English and Chinese, according to the chamber.

The responses also revealed that crime and homelessness are the top concerns among those who responded, with 80% of people saying they think crime has increased and 88% saying homelessness has worsened in recent years.

The Chamber of Commerce launched a new online dashboard pulling data from SF311, the city’s customer service center, which fields thousands of requests from reports of graffiti to complaints of trash on sidewalks.

The dashboard is designed to capture information on eight key issues issues: graffiti, overflowing trash cans, human and animal waste, vandalism, street and sidewalk cleaning, homeless tent complaints, broken storefront windows and theft. The chamber noted that the number of reports of broken storefront windows is up 41% in 2021 compared with 2019.

“This is a particularly concerning statistic, as broken windows are cited by small businesses as a major financial burden,” the chamber said.

A few other results in the poll, according to the chamber:

– 80% saw addressing the homelessness crisis as a high priority.
– 82% said they wanted to see more caseworkers on the streets to help individuals with mental illness and substance use problems.
– 74% supported providing more temporary shelter for homeless people.
– 80% supported expanding conservatorship for individuals experiencing severe mental illness.
– 76% said increasing the number of police officers in high-crime neighborhoods should be a priority.


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NO SIGN OF RELIEF OF GAS PRICES

Gas prices rise again, no sign of letting up this summer


 After a brief dip, gas prices in the U.S. are on the rise again.

The U.S. average price for a gallon of gasoline rose 2 1/2 cents from last week to $3.09 per gallon on Monday, according to the travel and fuel price tracking app GasBuddy.

The national average is now almost 5 cents higher than a month ago and 92 cents higher than this time last year.

GasBuddy petroleum analyst Patrick De Haan says Americans should expect to pay even more at the pump heading into July 4th, a popular road trip holiday.

With the U.S. economy rapidly recovering from the 15-month-long coronavirus pandemic, demand for fuel is rising and pushing prices to levels not seen since 2014. And hurricane season always carries the prospect of higher prices if a storm impacts oil drilling and refining on the Gulf Coast.

“Motorists should prepare to dig deeper for the second half of the summer, unfortunately,” De Haan said.


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SATIRE POST OF THE DAY: THE OPPRESSED ATHELETE

Athlete So Oppressed By America That She’s Representing America In The Olympics

In a move many are hailing as both “stunning” and “brave”, hammer-throwing athlete Gwen Berry turned her back on the flag as the national anthem played after she qualified to represent America in the Olympics.

“America stinks, and it has oppressed me my entire life,” said Berry. “My qualification for the U.S. Olympic team is just another example of the long string of systemic injustices I have suffered at the hand of systemic white systems of Western cis-patriarchal oppression and the systems of hetero Christian male dominance and the… what was I talking about? Oh yeah– America stinks and I’m oppressed!”

Berry says she hopes to share her inspiring message with young girls of color everywhere– that they will never belong in America, be happy in America, or be free in America due to the color of their skin.

“I am disgusted with myself for representing this racist country in the Olympic games, but it was my only option since China doesn’t really let black athletes compete. I look forward to the universal acclaim, Nike endorsement deals, and vast riches that are coming my way! Yay me! Also, did I mention I’m oppressed?”

Nike has applauded Berry’s bravery and has offered her a $327 million endorsement deal and her own line of Uyghur-made clothing.


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MISS NEVADA IS A TRANSGENDER


 

Transgender woman wins Miss Nevada USA pageant

 The title of Miss Nevada USA has gone to a transgender woman for the first time.

Kataluna Enriquez was crowned the winner Sunday in the pageant at the South Point hotel-casino in Las Vegas.

She was the winner of the Miss Silver State USA pageant in March, a preliminary competition for the Miss Nevada USA pageant.

Enriquez, 27, took part in transgender pageants in 2016 when she was working as a model. She began competing in cisgender pageants last year.


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GENEALOGY DATABASE ENTRY ENDS UP IN ARREST IN COLD CASE

14 years after a sexual assault in Tampa, a man has been charged with rape because he entered his own DNA into a genealogy database

  • Police in Tampa Bay used genealogy testing websites to find a suspect in a 14-year-old rape case.
  • Officers used the websites GEDmatch and FamilyTree to find a DNA match in the cold case.
  • “The victim now can have some closure in her life,” assistant police chief Ruben Delgado said.

Police detectives in Tampa Bay said they have arrested a suspect in a 14-year-old rape case after using the database of a genealogy testing website to match DNA evidence.

“The victim now can have some closure in her life,” assistant Tampa police chief Ruben Delgado said.

According to police reports, the rape took place in 2007 when a University of Tampa student was walking back to her dorm after attending the popular Gasparilla Pirate Festival.

The victim told detectives she was intoxicated and may have been stumbling around when the suspect, Jared Vaughn, offered to walk her to her dorm where he proceeded to rape her.

DNA evidence was collected at the time but did not find any matches, and the case remained unsolved for more than a decade. In 2020, however, detectives revisited the case and began to search genealogy testing databases, including GEDmatch and FamilyTree, two services often used by people who are researching their ancestry, to find potential matches.


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DIPSHIDIOT PICKS UP AND LICKS JELLYFISH

TikToker Picks Up And Licks “Jellyfish”,

Not Realizing It’s A Deadly Portuguese Man o’ War

Welcome back to the latest installment of “why did this internet user pick up a deadly animal?”. Last time, we saw a TikToker pick up one of the most venomous animals known to science as they handled the intensely dangerous blue-ringed octopus, a tiny and cute creature with enough venom to kill 26 adult humans within minutes.

Although it was dangerous beyond belief, this time we have something even wilder.

A popular TikTok user, alexa_reed2, who has almost 1 million followers, recently posted a video showing himself prodding, picking up, and even licking a strikingly colored blue “jellyfish” that lay on the beach.

“Look guys, a jellyfish is still here,” he states in the short clip.

“I’m going to pick it up. This is how it looks like – yes, it is a jellyfish, look how big it is. It’s still moving! I’m going to lick it.”


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