27% profits every 20 days?
This is what Nic Chahine averages with his options buys. Not selling covered calls or spreads... BUYING options. Most traders don't even have a winning percentage of 27% buying options. He has an 83% win rate. Here's how he does it.
U.S. Secretary of the Air Force Frank Kendall recently discussed SpaceX‘s involvement in Ukraine and the Pentagon’s future collaborative endeavors with the company.
In a CNBC interview, Kendall addressed the controversy that arose last year when SpaceX CEO Elon Musk decided to withhold Starlink satellite service from Ukraine during an unforeseen attack on Russian forces.
Kendall indicated SpaceX had acted independently in relation to Ukraine, emphasizing that it had not been tied to any official U.S. contract. He mentioned that it appeared SpaceX had chosen to offer their services voluntarily, granting them a certain level of discretion.
Kendall confirmed the Pentagon has now established a contract with SpaceX to deliver Starlink services in Ukraine. The Air Force ensured all contracts were structured to receive essential services at a reasonable cost, regardless of the business arrangement.
See Also: Ron DeSantis Says Trump’s Chances To Win Presidency Is ‘Close To Zero’ Amid Legal Woes
This situation reignited public debates regarding the U.S. government’s dependence on SpaceX, particularly Musk, for matters related to national security, prompted by Walter Isaacson’s recent biography of Musk.
Kendall also emphasized the growing significance of space as a contested domain, which underscored the need for increased cooperation between the government and the commercial space sector. Agencies such as the Air Force and the Space Force are actively exploring the evolving landscape by seeking novel satellite and launch capabilities and advocating for increased funding for space initiatives.
Regarding potential conflicts with China, Kendall asserted that while China is preparing for war, it does not necessarily imply that war is inevitable. He also underscored the Air Force’s commitment to deterring threats from next-generation technologies and integrating applications of artificial intelligence.
The iShares U.S. Aerospace & Defense ETF (NYSE:ITA) rose 0.5% on Thursday, after falling for seven straight sessions.
Despite uncertainties surrounding future defense policies and funding, Kendall remained dedicated to modernizing the military and thwarting the potential success of adversaries.
Read Next: A cutting-edge system for powering homes independently is emerging. The company behind it has secured $6.5 million in funding and you can also be an investor.
27% profits every 20 days?
This is what Nic Chahine averages with his options buys. Not selling covered calls or spreads... BUYING options. Most traders don't even have a winning percentage of 27% buying options. He has an 83% win rate. Here's how he does it.
ENTER TO WIN $500 IN STOCK OR CRYPTO
Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!