Whale Places $203M Short Bet Against Tokenized SpaceX Stock
A whale has placed roughly $203.47 million in limit short orders against tokenized SpaceX shares, betting on a pullback just as trading volume around the stock has surged to record…
Musk’s SpaceX Stock Rallies 6% as Tokenized Volume Hits $700M
Tokenized SpaceX shares saw nearly $700 million in trading volume on Gate as the underlying stock rallied 6.1% to around $114.92, bucking expectations that a 911.5 million-share unlock would send…
Cathie Wood’s Ark Buys $21M in Block, $2.3M in SpaceX
Cathie Wood’s Ark Invest bought $21 million in Block shares and $2.3 million in SpaceX stock, doubling down on two companies sitting at the intersection of bitcoin and Elon Musk’s…
Tesla, SpaceX Pick Texas Site for Musk’s $16.8B Chip Plant
Tesla and SpaceX have formally committed $16.8 billion to break ground on Terafab, Elon Musk’s giant AI chip factory, after moving the project’s planned site from Austin to a rural…
SpaceX Slide and Kimi K3 Launch Fuel Fears of AI Stock Bubble
SpaceX’s 47% retreat from its post-IPO high and Moonshot AI’s low-cost Kimi K3 model are challenging premium AI valuations, although resilient semiconductor shares and evidence of AI adoption complicate claims…
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…
Musk’s SpaceX Breaks Below Its $135 IPO Price After a 42% Collapse From Its Peak
SpaceX (Nasdaq: SPCX) fell 3.08% to close at $131.11 yesterday, its first finish below the $135 initial public offering (IPO) price since the rocket maker’s record June debut. A Retreat…
Musk’s SpaceXAI and Cursor Set to Launch First Joint AI Model as Soon as Wednesday
Elon Musk’s SpaceXAI and code editor Cursor plan to release their first jointly built AI model as soon as Wednesday, according to an internal memo. Preparing For Launch, No Pun…
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…
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…