Elon Musk said in a Friday interview he expects SpaceX (SPCX.O) to exceed $100bn in annualized revenue by Q4 2026, implying roughly 70% QoQ growth, but stressed this is a personal projection not a promise. He described the most reasonable outcome as annualized revenue above $500bn by end‑2027; a $1tn outcome is not ruled out but he assigns only about a 2% probability. Musk said SpaceX’s US government revenue will be under 10% this quarter and fall below 5% within a year, adding the company’s gov

FT reports that after Iran warned it could target undersea cables and data centers if the US and Israel launch new strikes, maritime analytics firm Windward tracked at least four Iran-linked vessels using unusual routes and loitering along undersea cable corridors in the Gulf of Oman over several days. Three of the vessels are US‑sanctioned tankers and the fourth is a small Iranian fishing boat that lingered above the Europe–India Gateway and Transworld cables from Oct. 21–26. TeleGeography shows six cables currently cross the Strait of Hormuz and three more are under construction; Iraq, Kuwait, Bahrain and Qatar rely entirely on cables traversing the Strait, so strikes could materially disrupt regional internet connectivity and economic activity.

The Times reports Iran is preparing for possible fighting, a heavy assault and "nuclear fallout" at Pickaxe Mountain; Tehran has begun distributing iodine tablets and issuing survival guidance.