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ARK Buys the Dip on Musk’s SpaceX for $20.5 Million While Cathie Wood Trims Robinhood Stake

Cathie Wood’s ARK Invest bought 170,634 shares of SpaceX (Nasdaq: SPCX) worth $20.5 million on July 20 as the stock traded near $119.85, even as the company’s shares remain well…

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Musk’s SpaceX and Starlink Hijacked as ‘SCATMAN’ Memecoin Rockets to $32M on Robinhood Chain

Attackers seized the official X accounts of SpaceXAI and Starlink on Sunday to promote a memecoin called Scam Altman (SCATMAN), which briefly touched a $32 million market cap on Robinhood…

Continue ReadingMusk’s SpaceX and Starlink Hijacked as ‘SCATMAN’ Memecoin Rockets to $32M on Robinhood Chain

Elon Musk Says Space Is ‘the Only Way to Scale’ AI as SpaceX Chases 1 Gigawatt in Orbit by 2027

Musk reiterated today that orbital data centers are the endgame for artificial intelligence (AI) infrastructure, as SpaceX races to build satellites that would deliver 1 gigawatt (GW) of space-based compute…

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Elon Musk’s X Money Rolls Out to Premium+ Users With Up to $10 Million in FDIC Insurance

Elon Musk’s social platform X has begun rolling out its X Money payments service to select Premium+ subscribers, offering up to $10 million in federal deposit insurance through a new…

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Musk’s SpaceX Raises $25 Billion in Debut Bond Sale as Orders Near $90 Billion

Elon Musk’s SpaceX raised $25 billion in its first-ever corporate bond sale, drawing nearly $90 billion in investor orders, less than two weeks after the company’s record-setting initial public offering…

Continue ReadingMusk’s SpaceX Raises $25 Billion in Debut Bond Sale as Orders Near $90 Billion