Ted Cruz at a signing ceremony for a recent bill to increase NASA's budget. (Evan Vucci / AP)

Ted Cruz offered an intriguing hypothetical Tuesday on stage at an event hosted by The Atlantic:

"I'll make a prediction right now. The first trillionaire will be made in space, will be the entrepreneur who invests and makes discoveries in space that we cannot even envision. Right now we have billionaires, the prediction I'm making: the first trillionaire will be in the space exploration world."

Key context: Cruz is an influential lawmaker when it comes to space (he represents Houston, home of NASA's Johnson Space Center) and said Tuesday he's planning to revisit a key treaty to see how it might be updated to encourage further investment in space. For what it's worth, one estimate says Bill Gates will likely be the world's first trillionaire — and of course, his assets are, as of now, Earthbound.

Why it matters: The final frontier is already big business thanks to interest from people like Elon Musk and Jeff Bezos.

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China-Iran deal envisions massive investments from Beijing

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China and Iran have negotiated a deal that would see massive investments flow into Iran, oil flow out, and collaboration increase on defense and intelligence.

Why it matters: If the proposals become reality, Chinese cash, telecom infrastructure, railways and ports could offer new life to Iran’s sanctions-choked economy — or, critics fear, leave it inescapably beholden to Beijing.

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Coronavirus dashboard

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House Judiciary Committee releases transcript of Geoffrey Berman testimony

Geoffrey Berman. Photo: Alex Wong/Getty Images

The House Judiciary Committee on Monday released the transcript of its closed-door interview with Geoffrey Berman, the former top federal prosecutor in Manhattan who was forced out by Attorney General Bill Barr last month.

Why it matters: House Democrats have seized on Berman's testimony, in which he claimed the attorney general sought to "entice" him into resigning so that he could be replaced by SEC chairman Jay Clayton, to bolster allegations that the Justice Department has been politicized under Barr.