3.4 trillion dollars.

That was Capital.com's trading volume in 2025,

driven by a platform that encourages a considered, measured approach from its users,

one with years of engineering, testing and refining behind it.

Hours spent building systems that stay steady when the markets don't.

Because scale isn't built in a moment. It's built in G. Chang.

Low Earth orbit, Earth, Moon, Mars system.

That is the 21st century future.

And who will dominate the story?

Who will be second best?

And will it move to military confrontation?

I have none of these answers.

I read too much science fiction to even attempt.

However, we are happy to

welcome our colleague who watches the Chinese space program very carefully. I can watch Ross Cosmos.

Everybody can watch NASA, but China's program, not transparent. We welcome Rick Fisher of the

International Assessment and Strategy Center, a senior fellow. The headline in the

Wall Street Journal is highly suggestive. The U.S. could lose the space race to China. Sub-ed,

the Artemis II mission was impressive, but America trails by many measures. Rick, a very good day

to you. Your comment on that headline, it is consistent with the

idea of a race that dominated the Cold War in the 1960s, the race to the moon. Is it still a race?

Is the metaphor correct? Good day to you, Rick. Good day, John. Good day, Gordon. The metaphor is correct in theory. It's dependent upon events on Earth, wars, budgets, and the such. But also in theory, John, it could be quite wrong. At least on paper in theory, NASA is about to lurch ahead in the race.

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