Key Highlights SpaceX is planning a massive $24 billion data center and power generation initiative at Starbase in Cameron County, Texas. The proposed project includes a private 748-megawatt natural gas-fired power plant equipped with 35 turbines to independently supply a dedicated supercomputer facility. The scale of the $24 billion venture is roughly 17 times the ...
Key Highlights: Elon Musk warned that the United States faces national bankruptcy without massive productivity gains driven by artificial intelligence and robotics as national debt surpassed $40 trillion in late 2026. JPMorgan Asset Management included Bitcoin in its Long-Term Capital Market Assumptions report for the first time, projecting a 10% annualized return through 2036. Elon ...
Key Highlights: Binance co-founder Changpeng “CZ” Zhao refuted claims that he threatened to divest shares in SpaceX or exerted pressure on Elon Musk. Zhao stated that references to Binance’s stake were made solely to push back against comparisons linking the firm to the collapsed exchange FTX following a security hack. The clarification addresses recurring industry ...
Key Highlights The term “Tesla Roadster Flip” describes a viral clip documenting an extraordinary vehicle maneuver. The stunt showcased the capabilities of the second-generation Tesla Roadster. The event took place during the vehicle’s official unveiling at a SpaceX facility in Texas on October 15, 2026. Viral Video Captures Dramatic Second-Generation Roadster Maneuver An extraordinary automotive ...
Key Highlights Elon Musk said SpaceX and Tesla are exploring a potential merger, with special committees of independent directors assessing a possible transaction. The companies’ reported bitcoin holdings total 30,221 BTC: 18,712 BTC at SpaceX and 11,509 BTC at Tesla. No transaction terms have been agreed, and Musk said shareholder support would be essential while ...
Key Highlights Bitcoin rose 1.3% to just above $82,700, hovering near $83,000 during Wednesday’s Asian morning trading. Zcash’s ZEC led major cryptocurrencies with an 11% gain to about $1,260 following the activation-height decision for the NU7 network upgrade. Gains extended across the market: HYPE and DOGE advanced more than 3%, while XRP, ether, BNB, and ...
Key Highlights: Elon Musk announced on X that he plans to distribute one of his personal SpaceX shares to every child in the United States starting next year. The announcement followed Musk’s criticism of artificial intelligence competitor Anthropic, after he urged the firm to distribute equity directly to the public instead of funding a public ...
Key Highlights: Elon Musk announced plans to distribute one SpaceX share to every child in the United States next year. Musk noted that the upcoming share giveaway is “the first of many” similar offerings. Following the statement, SPCX stock registered a gain of nearly 1% during premarket trading hours. Elon Musk Proposes SpaceX Share Distribution ...
Key Highlights Elon Musk revealed a flying prototype of the Tesla Roadster equipped with SpaceX thruster technology, sparking immediate overnight market movement. Trading volume on Hyperliquid’s TSLA perpetual contract surged roughly 1,580% to $47 million within an hour as the contract climbed 4.9% to around $378. Decentralized and crypto perpetual platforms are increasingly serving as ...
Key Highlights SpaceX CEO Elon Musk suggested a long-term company valuation exceeding $1 quadrillion ($1,000 trillion) has entered the realm of possibility. The astronomical projection relies on orbital and lunar infrastructure, including Starship reusability, space-based solar AI computing, and moon manufacturing. MicroStrategy Executive Chairman Michael Saylor voiced support with a “â‚żullish” reaction, referencing SpaceX’s corporate ...
Key Highlights: Filmmaker Alex Gibney examines the tech titan’s career and personal life in the nearly four-hour documentary Musk, featuring a 10-minute intermission. Without on-camera cooperation from Elon Musk—who called Gibney a “douche” on X—the production relies on deep archival audio, key interviews, and an animated video-game avatar of Musk based on his simulation theory ...
Key Highlights: SpaceX (NASDAQ: SPCX) surged 7.6% on October 5 to finish at $171 per share. The closing price marks the stock’s highest valuation level since July. Market gains were driven by broader macroeconomic factors, including softer-than-expected jobs data and positive sentiment from a bullish Morgan Stanley analyst note. SpaceX Stock Rallies to Multi-Month Highs ...