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- 1Homeowner Forced to Borrow Against House to Qualify for Medicaid▼His Mortgage-Free House Appraised at $760,000, Just $8,000 Over Medicaid’s Line. Nursing Home Coverage Waited Until He Borrowed Against It
An elderly homeowner with a mortgage-free house appraised at $760,000 was denied Medicaid nursing home coverage because his assets sat just $8,000 above the eligibility line. Coverage only began after he borrowed against the property to reduce his countable assets. The case is drawing attention to how strict asset limits can push seniors into debt to access long-term care.
- 2Space Stocks Rally as SpaceX Prices Historic IPO●ASTS, RKLB, RDW, SATS Jump As SpaceX Prices Historic IPO — Cloudflare CEO Weighs In On 'Perfect' 20% Pop Prediction
Space-related stocks AST SpaceMobile, Rocket Lab, Redwire and EchoStar jumped after SpaceX priced its historic initial public offering. A Cloudflare executive joined the conversation, backing a prediction of a 'perfect' 20% first-day pop for the listing. Traders are treating the IPO as a landmark event that could revalue the entire publicly traded space sector.
- 3EchoStar Shares Surge on SpaceX Stake Interest●SATS Clocks Best Day This Year As EchoStar’s SpaceX Stake Takes Center Stage
EchoStar, traded as SATS, recorded its best single-day gain of the year as investor attention shifted to the company's stake in SpaceX-related interests. The stock's sharp rally put EchoStar at the centre of market chatter, with traders weighing what the SpaceX connection could mean for the company's valuation going forward.