Empire Codex

Over the wall 📶

The returns: Citadel plans to return approximately $7 billion to clients after double-digit gains over the past 2 years.

After going private: Twitter/X ad sales for 2023 was projected to be $2.5 billion.

Another initiative: Tiktok is looking to get into ecommerce.

On paper: SpaceX’s valuation is close to $180 billion.

Looming debt: Among the poorest countries there is an estimated $3.5 trillion debt crisis as of 2024.

The consolidation: China downgraded boosting domestic demand to set an economic agenda for 2024.

Battery incentives: South Korea has a $29 billion financial package aimed at helping domestic EV battery makers diversify their supply chains.

Branching out: Foxconn Technology has approval to invest at least $1 billion more in a plant it’s building in India.

In for more: Indonesia is rolling out tax incentives to bring in more investment from EV manufacturers.

Another fix: At the end of 2023 Tesla had to filed a recall of 2 million vehicles to fix auto-pilot issues.

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