Chance of rain 2%.
Dalton Daily
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SpaceX posts first profit as public company; Musk floats Tesla merger
AI computing business overtakes Starlink as revenue jumps 161% to $14.6 billion
HAWTHORNE, Calif. — SpaceX reported third-quarter revenue of about $14.6 billion on Tuesday, up 161% from a year earlier and well above analyst forecasts of roughly $12.7 billion. It was the company's first profitable quarter since its June listing. Net income was $4.4 billion and operating income $2.8 billion. The business now called Super Intelligence, which leases computing capacity to customers including Anthropic and Google, brought in $7.56 billion and outweighed Starlink. Starlink subscribers rose to 13.6 million. Shares gained about 8% in after-hours trading. On the earnings call, Elon Musk said a merger with Tesla would be a good idea and that both boards have formed special committees to discuss one. Tesla reports its own third-quarter results after the close today.
Why it mattersA possible SpaceX-Tesla combination would join two of the world's most valuable companies, with large consequences for shareholders, governance and antitrust review.
France imposes curfews after worst rioting in years
More than 2,500 detained as student-led protests over schools and living costs turned violent
ConnectWise shuts backup service after stolen credential opens Microsoft 365 tenants
Hundreds of sign-ins confirmed; restoration timeline still unannounced as defenders hunt for planted backdoor credentials
Anthropic draft IPO filing reported to show $16.3B in half-year revenue
Wall Street Journal account of confidential S-1 also cites an $80.7B net loss and heavy customer concentration; filing is not public
Council deadlocks on data center moratorium, then passes 135-day pause
An 18-month ban died 6-6 on Tuesday. Members then approved a substitute ordinance that few had seen.
The World
Stray Ukrainian drone hits car in Lithuania, exposing NATO flank strain
Vilnius and Warsaw disagree on the route as drone incidents mount across Europe
- Pentagon personnel breach exposed 3 million people for nine months undetected
- US seizes Chinese hacking tools tied to Flax Typhoon as allies issue joint advisory
Business & Markets
Google tests government-ID upload to verify Business Profiles
Review appeals are also backed up, with Google citing high volume
- SpaceX profit beat and $2 trillion value revive AI trade
- Fed enters pre-meeting quiet period with a hold priced in, a December hike likely
Technology & Science
Hackers hijacked AOMEI update servers for minutes at a time to plant backdoors
Google and ManageEngine detail a campaign that used no software flaw and ran from April to July
- California student records stolen from testing contractor's file server
- US sanctions five Chinese entities over theft of Google AI secrets
Law & Courts
Supreme Court won't hear fired NLRB member Wilcox's challenge
Justices also turn away 9/11 plea disputes and a Chicago vehicle-seizure case in Monday orders
- Second Circuit refuses to rehear revived Tylenol autism lawsuits
- Justices take DOGE records fight and 'material support' immigration case
Memphis
MLGW board votes on gas and water rate hikes, including new data center class
Water increases would fall unevenly across customer groups. The proposal then goes to the City Council.
- Council passes resolution urging ICE and National Guard to leave Memphis
- Theatre Memphis' 'Million Dollar Quartet' plays Thursday through Saturday nights
Ideas
Appeals court revives faith groups' suit over ICE arrests at houses of worship
Split D.C. Circuit panel says Christian and Jewish plaintiffs face a credible threat under the 2025 enforcement change
- Church of England's £100m slavery fund faces High Court challenge bid
- Edinburgh University decides today whether to keep IHRA antisemitism definition
Arts & Culture
Ukraine's publishers rebuild after summer strikes destroyed millions of books
Culture minister puts losses at 13 million volumes; UK charity Book Aid International plans a 35,000-book shipment
- British Museum lands £30 million gift for Western Range rebuild
- Critics largely hail Laika's 'Wildwood' as an animation landmark, with some dissent
Sports
Yan and Dvalishvili set for third bantamweight title bout Saturday
UFC 333 in Abu Dhabi has an unusually early start, with the champion a modest favorite in a series tied 1-1
- UFC BJJ faces questions as Musumeci leaves for MMA, money doubts grow
- Du Plessis camp turns down UFC's four-man light heavyweight tournament
Travel
Thanksgiving airfares hit decade high as airlines trim holiday seats
Hopper puts the average domestic round trip at $402, up 31%, and says the cheapest fares are going fast.
- Banda Sea hammerhead window enters its final weeks
- Memphis airport trades Delta routes for Southwest Austin service