SpaceX nears $1.8T IPO as market confidence grows

F2Pool co-founder Chun Wang plans a Starship flyby of Mars, before SpaceX attempts to land humans on the surface.

The relaxation of listing rules to attract IPOs may compromise market stability, posing risks to investors and challenging regulatory oversight. The post NYSE Group president Lynn Martin questions integrity of rule changes to attract listings appeared first on Crypto Briefing.

The SpaceX S-1 is finally here, and the story it tells goes way further than rockets. The filing runs to 36 pages of risk factors alone, and the numbers inside match the ambition: a $28 trillion total addressable market, a pay package tied to establishing a Mars colony, and a valuation target that would make it the largest IPO in American […]

A potential 15% S&P 500 drop amid inflation could trigger a shift from equities to bonds, impacting asset valuations and investor strategies. The post Zweig-DiMenna warns S&P 500 could drop 15% amid inflation threat appeared first on Crypto Briefing.

There is a harsh truth about Elon Musk's "truth-seeking" AI chatbot Grok: It's not very good, and not many people are using it. That's the takeaway of a new Reuters report, which found that Grok barely appears in federal records of how the US government used AI last year. It's not the only sign xAI's signature chatbot is in trouble, even as Musk puts it at the heart of what could be the biggest IPO in history. Reuters reviewed more than 400 examples of government AI use where specific vendors were named. Grok or xAI, it found, appeared in only three - each of those for basic uses like document drafting or social media management, and always … Read the full story at The Verge.

The new Fed chair's challenge with inflation and market confidence could redefine crypto's role as an inflation hedge amid economic uncertainty. The post Bitcoin treads water as new Fed chair inherits a confidence crisis appeared first on Crypto Briefing.

The SpaceX S-1 is finally here, and the story it tells goes way further than rockets. The filing runs to 36 pages of risk factors alone, and the numbers inside match the ambition: a $28 trillion total addressable market, a pay package tied to establishing a Mars colony, and a valuation target that would make it the largest IPO in American […]

SpaceX’s IPO could turn the Mag 7 into a Mag 8, with Tesla and SpaceX comprising 25% of the group's Bitcoin balance-sheet exposure.