Today, a report from the New York Times highlights that SpaceX has taken advantage of a provision in the 2017 Jobs and Tax Cuts Act to shift approximately USD 5 billion in accumulated losses, which could allow it to avoid paying federal taxes indefinitely, even with a projected profit of USD 15.5 billion for 2025. Additionally, at an event about Starship, Musk acknowledged that orbital refueling is one of the 'most difficult engineering challenges' facing SpaceX, although he reaffirmed his commitment to the project and his peculiar motto of turning the 'impossible into simply late.' He also reported that prominent engineers from Meta are migrating to his AI company, xAI, attracted not so much by the salary, but by a hyper-merit culture.