Ray Blanco:

SpaceX Didn’t Properly Inspect Crane Before Collapse at Starbase, OSHA Says

SpaceX didn’t properly inspect a hydraulic crane that had recently been repaired before it collapsed at the company’s Starbase, Texas facility last June, according to the Occupational Safety and Health Administration (OSHA).

As a result, the federal safety agency has hit SpaceX with seven “serious” violations related to its investigation, which it opened one day after the crane collapse. OSHA issued the maximum financial penalty it can levy on six of those “serious” violations, giving Elon Musk’s spaceflight company a combined fine of $115,850.

OSHA’s probe is still open according to the agency’s website. It’s unclear whether any workers were harmed in the accident. SpaceX is able to contest the penalties.

The penalty and violations come as SpaceX is set to ramp up activity at the Starbase facility, partly fueled by a race to fulfill President Donald Trump’s goal of returning astronauts to the Moon by the end of his second term. The company has clearance from the Federal Aviation Administration to perform as many as 25 Starship launches in Texas this year. At the same time, it is undergoing rapid expansion of the launch complex to meet Musk’s grand ambitions of building thousands of Starship rockets per year.

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Davis Wilson:

Netflix Amends Warner Bros. Discovery Offer to All Cash

Netflix has adjusted its offer for Warner Bros. Discovery’s studio and streaming assets to an all-cash bid, according to an SEC filing Tuesday.

Netflix now plans to pay $27.75 per WBD share entirely in cash to acquire WBD’s streaming platform HBO Max and the Warner Bros. film studio. The two companies initially reached a deal in December, composed of a combination of cash and stock at an equity value of $72 billion.

“The WBD Board continues to support and unanimously recommend our transaction, and we are confident that it will deliver the best outcome for stockholders, consumers, creators and the broader entertainment community,” said Ted Sarandos, co-CEO of Netflix, said in a release on Tuesday.

“Our revised all-cash agreement will enable an expedited timeline to a stockholder vote and provide greater financial certainty at $27.75 per share in cash, plus the value from the planned separation of Discovery Global,” Sarandos said in the release.

CNBC’s David Faber and other media outlets reported last week that Netflix was likely to make the adjustment as Paramount Skydance continues to build up pressure in its hostile takeover attempt for the entirety of WBD.

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James Altucher:

Bitcoin Dips Under $90K as Crypto Stocks Plunge Amid Fresh Trump Trade War Turmoil

Strategy, SharpLink Gaming, and MARA Holdings took a dive with the rest of the crypto equities category as Bitcoin dipped below $90,000 on Tuesday morning.

At the time of writing, Bitcoin has been hovering between the $90,000 and $91,000 marks after having lost 2.5% since this time yesterday, according to crypto price aggregator CoinGecko. The price of Bitcoin dropped as low as $89,929 on Tuesday before rebounding to $90,535 as of this writing.

Bitcoin trading volume has gained 14% in the past day, rising to $68.6 billion, according to blockchain analytics platform CoinGlass.

Most U.S. institutions – including the New York Stock Exchange and Nasdaq – were closed on Monday in observance of Martin Luther King Jr. Day. Although crypto exchanges never close, increasing participation from institutional traders has meant that trading activity sometimes mimics that of traditional finance.

But traders are also dealing with the fallout of President Donald Trump's latest geopolitical saber rattling. The president vowed to "100%" follow through on a threat to impose tariffs on European countries who oppose his bid to take control of Greenland.

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