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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…

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

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

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%

Tokenized Real-World Assets Reach $31.76 Billion as Circle’s USYC Tops $3 Billion

The market for tokenized real-world assets ( RWAs) has climbed to about $31.76 billion in onchain value, led by tokenized U.S. Treasuries from Circle and Blackrock. Fresh launches bringing private…

Continue ReadingTokenized Real-World Assets Reach $31.76 Billion as Circle’s USYC Tops $3 Billion