KRUISER’S MORNING BRIEFING: Dems Routinely Call Us Nazis but Soil Their Diapers If We Insult Them. “I’m quite happy to be down in the gutter with them for a while now. It would be good if I didn’t have to stay here forever, but it’s the best way to convey messages to the other side for the moment.”

IT CERTAINLY WON’T DEBUNK ITSELF:

Can we debunk this nonsense?

Elon Musk was awarded (note: not given) cost-per-result contracts to perform a service for the US government. The total of those for SpaceX specifically is ~$22B, which includes repaid loans, state tax incentives, etc.

The deal was simple: put… https://t.co/W5WQQtMGNc

— Sam (@DigitalSamIAm) June 14, 2026

“So: SpaceX saved the US taxpayer more than the total value of contracts it earned on a single project, PLUS provided the US government with the requested services (put stuff in LEO) at the best possible price.”

But if you present the facts to a member in good standing of the Party of Science™, they’ll call you a Nazi.

THIS IS THE WRONG QUESTION: How Quickly Can the Strait of Hormuz Get Back Up and Running?

“The backlog of stranded vessels and the need for crew changes and rest mean a realistic return to normal shipping patterns is weeks, if not months, away,” said Stephen Cotton, general secretary of the International Transport Workers’ Federation. He added that the deal wouldn’t be the end. “It is, at best, the beginning,” Cotton said.

Coordinating the order of transits will take time. It is unclear whether Iran would continue to control the strait, and whether tolls would be charged, analysts said.

​“It’ll all come down to the actual ship count out, and then, more importantly, to what Iran actually allows,” said Rory Johnston, founder of oil research firm Commodity Context. “Even if it is over, then we’ll start the monthslong process of renormalizing traffic.”

The correct question is, how long will it take for the Arab Gulf states to make the Gulf much less relevant?

One thing that sticks with me: The Hormuz shutdown woke up the entire region to the fact that the Iranian regime is a hostage taker. The Iranian regime "broke glass in case of emergency," but now the reputational damage is permanent.

Iran's neighbors wanted a speedy end to… pic.twitter.com/4QDBj9hRIw

— Max 📟 (@MaxNordau) June 15, 2026

“Iran’s neighbors wanted a speedy end to fighting because they weren’t ready to handle the redistributed shipping load, but now they’re going to work to make sure that they’re not vulnerable to disruption in case the IRGC does this again.”

AMERICA’S NEWSPAPER OF RECORD:

pic.twitter.com/fZnaYDSj3l

— The Babylon Bee (@TheBabylonBee) June 15, 2026

ICYMI: Why Did the Smartest AI in the World Just Go Dark?

WE’VE REACHED “THE LAMENTATIONS OF THEIR WOMEN” STAGE:

Your tears and rage are like unto sweet wine and beautiful music.

— Eric S. Raymond (@esrtweet) June 15, 2026

BIG MONEY: SpaceX IPO raised $10bn more than thought.

Elon Musk’s rocket and Artificial Intellgience (AI) company pulled off the biggest initial public offering (IPO) in history when it joined New York’s Nasdaq stock exchange last week.

The listing had raised $75bn from investors, which Musk told employees will be spent funding a “significant growth phase”.

But the banks which backed the IPO exercised a so-called “greenshoe” clause, which let them purchase an extra $10bn of SpaceX shares.

The extra $10bn raised, revealed in a statement by SpaceX announcing the completion of the listing, would by itself rank as one of the biggest IPOs in history.

It came thanks to a financial mechanism known as an overallotment option, more commonly referred to as a “greenshoe” option.

When a company goes public in a highly anticipated listing, investor demand can outstrip the initial supply of shares.

To prevent wild price swings and ensure a smoother launch, a greenshoe agreement lets the banks handling the listing sell more shares than originally planned.

In SpaceX’s case, appetite was exceptionally high.

Here’s maybe one small reason why, courtesy of a CNBC interview from Friday:

SpaceX President Gwynne Shotwell just laid out the official launch roadmap for Starship, and the cadence is about to go vertical

Here's the timeline:
• Flight 13: Launch is roughly a month away
• Flight 14: The big one. SpaceX intends to attempt a full orbital injection
•… pic.twitter.com/tTPchVUA93

— X Freeze (@XFreeze) June 14, 2026

Getting Starship into service before the end of the year would be a Very Big Deal, and Shotwell’s ETAs tend to be a bit more reliable than Elon’s.

MONEY… FINDS A WAY:

Capital is voting with its feet.

France, Germany & Spain are now net exporters of wealth. Britain alone lost 16,500 millionaires last year.

Meanwhile, the U.S. gained 7,500 millionaires and now hosts over 1/3 of the world’s $30M+ individuals! pic.twitter.com/FwwlgnYHTD

— Stephen Moore (@StephenMoore) June 15, 2026

Of course, we might not be more than one Democrat administration from Europe’s woes.

NICE: Mark Robinson Takes on Karmelo’s Supporters With Ruthless Honesty.

BREAKING: Military Plane Crashes at California Air Force Base “On Monday, around 11:20 a.m. PDT, a B-52 Stratofortress plane crashed at Edwards Air Force Base, which is located in Kern and San Bernardino Counties in California. The aircraft had just taken off, according to reports.”

EMMANUEL RINCON: The Long Tradition of Wealth-Extracting Socialists.

From Karl Marx to Vladimir Lenin, from Fidel Castro to Hugo Chávez, many of these figures denounced private wealth and entrepreneurship, despite the fact that few, if any, lived according to the austere principles they publicly promoted. Instead, many enjoyed lives marked by privilege, luxury, and the very economic advantages they claimed to despise.

This pattern is not confined to communist regimes. In the United States, self-described socialists have often criticized wealth accumulation — until they themselves became wealthy. Senator Bernie Sanders is among the most notable examples. For years, Sanders condemned millionaires and argued that extreme wealth accumulation was immoral. Yet after purchasing multiple homes and earning millions of dollars through book sales criticizing capitalism, his rhetoric shifted largely toward attacking billionaires instead.

Today, the methods have changed, but the underlying dynamic remains the same.

Read the whole thing.

ICYMI: Will No One Rid Me of This Turbulent Musk? “Italics in the original, because otherwise some lefty freakazoid with a rifle might not get the subtle shout-out to assassinate the man who gave the world cheap access to space, universal high-speed internet access, the first mass-produced electric vehicles, and Neuralink brain implants for the disabled.”

OF COURSE HE DID: Biden DOJ targeted parents at school board meetings despite FBI, sheriffs’ objections, memos show.

THE MORE THINGS CHANGE…: Peace? Top Iranian Minister Praises Hezbollah, Threatens Israel.

THAT’S WHAT LEFTIES DO: Nurse Bloomberg Is Destroying 3D Printing. “‘No person, firm, partnership, association, or corporation shall sell or deliver any three-dimensional printer in the state of New York unless such printer is equipped with blocking technology that is going to be able to tell if you’re printing a firearm or a firearm part.’ And the definition of 3D printer is so wide. Any machine capable of rendering a three-dimensional object from a digital design file using additive or subtractive manufacturing. This means that dental devices, construction devices, food devices, jewelry devices, all different types of CNC mills are going to be covered under this and they would have to have the spyware installed.”

FABLE 5 IS OFFLINE: Why Did the Smartest AI in the World Just Go Dark?

LIVING HISTORY: In the Fight Between NRA and the 1791 Foundation, What Happens to One of America’s Most Important Firearm Collections?

NOVEMBER PREVIEW/DON’T GET COCKY:

CNN: Dem Lead Much Smaller Than Previous Blue Waves

Generic Congressional Ballot June Polls:
2006: 🔵 Dem +11
2018: 🔵 Dem +10
2026: 🔵 Dem +5

Democrats Lead is also shrinking:
NBC: 🔵 Dem +6 -> 🔵 Dem +5
MU Law: 🔵 Dem +4 -> 🔵 Dem +1
Ipsos: 🔵 Dem +3 -> 🔵 Dem +3 pic.twitter.com/nnBKeCxhxI

— OSZ (@OpenSourceZone) June 15, 2026

INDEED: You Don’t Know What You’ve Got ‘Til It’s Gone: The Tragedy of John Cleese.

I’M EXPECTING AN EARTH-SHATTERING… NOPE, NEVER MIND: NASA X-59 Flies At Mach 1.4 ‘Mission Conditions.’ “The latest flight, the 19th for the Lockheed Martin’s Skunk Works-built aircraft since it took to the air for the first time on Oct. 28, marks a key milestone for the program as it works through the initial phase of envelope expansion flight testing. The aircraft is next due to begin an acoustic validation phase to confirm its slender shape and long nose work as designed to produce a low intensity, sine-wave-shaped sonic boom.”

MEANWHILE, OVER AT VODKAPUNDIT: Will No One Rid Me of This Turbulent Musk?

IT SHOULDN’T BE DIFFICULT TO SAY, “I’M AGAINST GIRLS GETTING RAPED”:

You can have whatever opinion you want on economics and still be on the left, but if you say "young white girls shouldn't be raped and murdered by foreign men", you will be expelled from the left.

Therefore young white girls getting raped and murdered by foreign men is what the… https://t.co/AWAmSlxHqA

— John Carter (@martianwyrdlord) June 15, 2026

THANKS, FELLAS: IDF says it killed Hezbollah commander tied to 2007 murder of US soldiers.

The IDF said Sunday that it killed senior Hezbollah commander Ali Musa Daqduq in a precise strike south of the Litani River in southern Lebanon over the weekend.

According to the military, Daqduq was a senior Hezbollah commander and a veteran source of operational knowledge within the terrorist organization, having held a series of senior posts over the years.

The IDF said that in recent years, Daqduq played a central role in advancing terrorist attacks and combat operations against Israel and IDF soldiers, including operational planning along the Lebanon border.

Israel can’t afford to slack off against Hezbollah now.

HAPPY BELATED BIRTHDAY: Tales of Patriotic and Brave Heroes for U.S. Army’s Birthday.

PARTY OF YOUTH UPDATE:

Every anti-Trump counter-programming effort always looks like a talent show at a senior center – but with a little bit less energy. https://t.co/bzNmCWhxi0

— Matt Whitlock (@MattWhitlock) June 15, 2026

I’m so old, I still remember when Bette could carry a tune — even a good one.