Auto Added by WPeMatico

Cathie Wood Buys the SpaceX Dip: Ark Invest Adds $32.5 Million as Stock Tumbles 16%

Cathie Wood’s Ark Invest bought roughly $32.5 million of SpaceX stock on the dip, deepening a position it has aggressively built since the company’s record initial public offering (IPO). Buying…

Continue ReadingCathie Wood Buys the SpaceX Dip: Ark Invest Adds $32.5 Million as Stock Tumbles 16%

Elon Musk Says Universal High Income Could Replace Government AI Ownership

Elon Musk says the U.S. Treasury should send money directly to citizens rather than have the government buy stakes in artificial intelligence (AI) companies. Musk Tells Treasury to Send Cash…

Continue ReadingElon Musk Says Universal High Income Could Replace Government AI Ownership

Musk Says SpaceX Could Hit $1 Trillion in Revenue by 2030 as Pompliano Pushes for Tesla Merger

Elon Musk has projected that SpaceX could generate roughly $1 trillion in annual revenue by 2030, days after the company’s record initial public offering (IPO), while investor Anthony Pompliano publicly…

Continue ReadingMusk Says SpaceX Could Hit $1 Trillion in Revenue by 2030 as Pompliano Pushes for Tesla Merger

Saylor Says 25% of Mag8 Now Holds Bitcoin After Musk’s Historic SpaceX IPO

Michael Saylor congratulated Elon Musk after SpaceX’s historic IPO and said 25% of the Mag8 now holds bitcoin on corporate balance sheets. His comments underscored bitcoin’s expanding presence within the…

Continue ReadingSaylor Says 25% of Mag8 Now Holds Bitcoin After Musk’s Historic SpaceX IPO