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SpaceX Starbase: Helping Lift Brownsville Out of Poverty and Bring Wealth to Local Families For many years, Brownsville and the Rio Grande Valley carried the difficult reputation of being among the poorest regions in the United States. High poverty rates shaped daily life for families across Cameron County for decades. In the 1990s, the area was even designated a federal Rural Empowerment Zone in recognition of these long-standing challenges. Today, the trajectory is changing. Poverty rates in Cameron County have been declining steadily. They fell from the mid-30s percent range around 2010 to 28.9% in the 2015–2019 period, and now stand at 24.8% according to the latest U.S. Census Bureau data (2020–2024 American Community Survey 5-year estimates). While the rate is still higher than state and national averages, the consistent downward trend reflects real, measurable progress. A New Wave of Investment and Job Creation Recent data from the Greater Brownsville Economic Development Corporation’s FY 2025 Annual Impact Report shows strong momentum. Between October 2024 and September 2025, the organization helped attract $183.7 million in new investment and supported the creation of 3,288 jobs. The report also shows 10,604 jobs retained during that period and 7,116 jobs already committed for 2026. *Greater Brownsville EDC FY 2025 Key Economic Highlights (see infographic below) These figures reflect broad economic activity across the region, with SpaceX’s Starbase playing a significant role as a major anchor project. Starbase has brought thousands of direct jobs to the area and has helped attract suppliers and related investment. This type of large-scale development is helping address long-standing needs for stable employment and skills development in Brownsville and surrounding communities. Local voices are also noticing the change. Former Brownsville City Councilwoman Jessica Tetreau, @JessicaTetreau at Starbase beach at sunset described the shift she has witnessed in her own community: “Before, in the past in Brownsville, people would talk about the brain drain, how all of our youth would have to leave to San Antonio, to Austin to find jobs… And now these young people that are from the community are finding these amazing jobs.” She shared that in her own neighborhood, parents are now working at SpaceX, and children are growing up excited about launches and rocket engineering, “just like their fathers.” “The kids that are graduating from UTRGV and local universities, they’re coming to work here. It’s really exciting. Engineering is now one of the hottest and exciting things to have in this area.” Direct Support for Education and Downtown Renewal In addition to job creation, there has been targeted investment in the community’s future. In 2021, Elon Musk and the Musk Foundation committed $30 million to the area. $20 million to schools across Cameron County and $10 million for the revitalization of downtown Brownsville. Brownsville Independent School District received more than $2.4 million of the school funding. The money has supported the expansion of Career and Technical Education programs, helping prepare young people for the skilled jobs now available locally. The downtown portion included a $1 million grant to the Brownsville Community Improvement Corporation to strengthen the historic core of the city. Below are a few photos I took while touring downtown Brownsville with Jessica Tetreau right after Starship Launch 12, showing the renewed energy through spots like Main Street Deli, a local bookstore, and Dodici Pizza & Wine. A Community Moving Forward Brownsville has always been a resilient place. In recent years, it has gained access to meaningful new employment opportunities, investment in education, and visible improvements in its downtown. These developments are helping lift families, create local wealth, and support the renewal of the community. Challenges remain, as they do in any place working to overcome long-term economic hardship. But the direction is positive. New jobs are being created, young people are gaining access to better training, and the heart of the city is showing signs of renewal. This is the quieter but very real story of progress happening in Brownsville today that legacy media will keep quiet about.

🌍 One of the most influential figures in the global digital asset industry and the founder of the leading blockchain and DAO project, @justinsuntron. Justin Sun will be joining WikiEXPO Hong Kong 2026. Stay tuned for his live keynote and exclusive insights. Trade with Confidence, Unlock Unlimited Opportunities Join industry leaders and distinguished speakers on July 23–24 as we explore the future of fintech together. Hopewell Hotel

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Elon Musk thinks the entire education system is built on a broken assumption. That every student should learn the same thing. At the same speed. In the same order. At the same time. Musk: “Everyone goes through from like 5th grade to 6th grade to 7th grade like it’s an assembly line. But people are not objects on an assembly line.” The model was designed for a factory economy. Standardized inputs. Predictable outputs. That economy is gone. The assembly line is gone. But the education system still runs on its logic. A student who masters algebra in two weeks sits through eight more weeks because the calendar says so. A student who struggles gets dragged forward because the schedule doesn’t wait. Neither is being served. Both are being processed. Musk: “Allow people to progress at the fastest pace that they can or are interested in, in each subject.” AI doesn’t teach a classroom. It teaches a student. One at a time. Every time. It skips what a student already knows. It finds where they’re stuck and approaches it from a different angle. It adjusts in real time. Not at the end of a semester when the damage is already done. A student obsessed with basketball learns fractions through shooting percentages. A student who builds in Minecraft learns geometry through architecture. The subject doesn’t change. The entry point does. No teacher with thirty students can do this. Not because they lack skill. Because the math doesn’t work. AI doesn’t have that constraint. Musk: “You do not need to tell your kid to play video games. They will play video games on autopilot all day. So if you can make it interactive and engaging, then you can make education far more compelling.” The brain isn’t broken. The format is. Kids learn complex systems and strategic thinking for hours voluntarily. Then walk into a classroom and can’t focus for twenty minutes. That’s not a discipline problem. That’s a design problem. Musk: “A university education is often unnecessary. You probably learn the vast majority of what you’re going to learn there in the first two years. And most of it is from your classmates.” Four years. Six figures of debt. And the real value comes from the people sitting next to you. Not the institution charging you. The degree doesn’t certify knowledge. It certifies endurance. Musk: “If the goal is to start a company, I would say no point in finishing college.” The system was built to train employees. If you’re not trying to be one, it has nothing left to offer you. Every lecture. Every textbook. Every curriculum. Now available instantly. Personalized to any learner. Adapted to any pace. The question isn’t whether the old model survives. It’s how long we keep forcing students through it while the replacement already exists.

NEWS: SpaceX has launched a dedicated IPO site at carrying key figures, filing documents and an FAQ for investors. The full prospectus and the CFO roadshow walkthrough are both live ahead of the June 12 Nasdaq debut.

On @AlArabiya_Eng , I talk about President Trump’s call with Netanyahu and what may be going on behind the scenes, the evolving situation in Lebanon, and how to interpret casualty figures reported by the Lebanese Health Ministry.

The AI Industry Has Reportedly Spent $1.4 Trillion and Still Isn’t Profitable A website called is tracking the economics of the AI boom to determine if it is profitable, and the answer is no. As of May 2026, the AI industry has spent roughly $1.4 trillion on model development, data centers, chips, networking, and other AI infrastructure. Over the same period, it has generated about $613 billion in revenue. The biggest losses belong to the leading companies: - Amazon: -$291 billion - Google: -$262 billion - Microsoft: -$235 billion - Meta: -$227 billion - Oracle: -$39 billion - OpenAI: -$27 billion - Anthropic: -$26.5 billion - xAI: -$19.2 billion Only one company is profitable: Nvidia. According to the dashboard, Nvidia has generated an estimated $478 billion in AI revenue against $225 billion in AI-related spending, for a profit of roughly $253 billion. The figures are compiled from public filings, earnings reports, analyst estimates, leaks, and industry reporting. The site’s creator describes the project as a best-effort snapshot rather than a formal audit and updates the numbers monthly. The estimates also exclude indirect benefits from AI, such as improved search, advertising, and software sales.

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It is said thatThe CCP's strategic oil reserves have been exhausted, relying onThe falsified oil reserves have been exposed! For more than a year, due to the interruption of oil supplies from Venezuela and Iran to China, China's oil reserves have been depleted. However, on paper, China still has 1.2 billion tons of oil reserves. The strategic oil reserves, which appeared to be full of millions of tons, were actually found to be filled with sewage and sludge when the United States forced them to use them. When the Beijing authorities sent people to take stock of their assets, they discovered a huge, undeniable gap between the actual inventory and the reported figures. From May 25 to 27, Chinese Premier Li Qiang made an emergency trip to Zhoushan and Ningbo in Zhejiang Province, personally conducting a surprise inspection of the Zhoushan National Oil Reserve Base. The inspection revealed that most of the oil storage facilities were empty or filled with water to falsify data; in reality, the oil reserves had been depleted.