20-Year Pro Trader Reveals His "MoneyLine"
Ditch your indicators and use the "MoneyLine." A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.
SpaceX CEO Elon Musk, in response to a social media user’s inquiry about Starlink’s capability for interplanetary communication with Mars, detailed the challenges involved.
What Happened: “The difficulty of communicating with Mars varies tremendously,” Musk wrote.
To address this, he suggested deploying a series of laser communication satellites at different distances from the Sun, aiming to minimize the path length for communication between Earth and Mars.
In a tweet, Musk outlined his solution for achieving terabit-level bandwidth, emphasizing the strategic placement of laser communication satellites.
The context arose from a user’s curiosity about using a Starlink-like satellite cluster for high-bandwidth interplanetary communication.
Why It Matters: Musk’s vision of making life multi-planetary and landing humans on Mars is a driving force behind SpaceX’s endeavors.
The company is actively developing the Starship launch vehicle, envisioned to transport humans to Mars. Musk’s ambitious timeline aims for a Mars landing by 2033 and the establishment of a thriving base on the planet within 15 years.
While SpaceX’s Starlink satellite segment has gained over 2.3 million customers worldwide, the current focus remains on Earth-based internet services.
Check out more of Benzinga’s Future Of Mobility coverage by following this link.
Read More: Tesla Executive Confirms Incoming New Model 3 Performance Variant
Photo via Shutterstock
20-Year Pro Trader Reveals His "MoneyLine"
Ditch your indicators and use the "MoneyLine." A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.
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