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.
SpaceX CEO Elon Musk on Monday said that he scrapped the idea of adding stainless steel “dragon wings” to Starship given their mass and complexity.
What Happened: Five years ago, on April 14, 2019, Musk wrote on social media platform X (then Twitter) that he was thinking about adding “giant stainless steel dragon wings” to Starship. Musk’s comment came on the heels of the premier of the eighth and final season of the popular television series Game of Thrones, leaving Twitter users wondering if the CEO was joking.
But Musk later clarified that he would rate his seriousness about the design idea at 6.5 on a scale of 1 to 10. Physics, the CEO said, would allow the design.
Musk on Monday said that while the design idea could indeed work, its mass and complexity are higher than a heat shield integral to protecting the vehicle from burning down. The billionaire entrepreneur was responding to an X user who wondered if he had contemplated the idea further in the five years since he first considered it.
During Starship's latest and third flight test on March 14, the spacecraft lost contact and broke down while re-entering the planet’s atmosphere instead of splashing down as planned in the Indian Ocean. The entirety of the last flight lasted about an hour.
For the next flight of Starship, the goal is to re-enter Earth’s atmosphere with all systems functioning despite the extreme heat, Musk said last month. Flight 4 is expected in May 2024.
Check out more of Benzinga’s Future Of Mobility coverage by following this link.
Read More: GM To Make 4th HQ Move But Remains Sole ‘Big Three’ Automaker To Stay Put In Detroit
Photo via Shutterstock
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.
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