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Investors are debating whether SpaceX’s reported $2 trillion valuation leaves meaningful upside ahead of its IPO.
Elon Musk’s wealth now exceeds the GDP of more than 100 countries and continues to grow rapidly.
Ethereum fell to around $1,700, leaving a five-year buy-and-hold investment down roughly 36%.
SpaceX reportedly priced its IPO at $135 per share, valuing the company at approximately $1.75 trillion.
Major corporate crypto holders are facing multibillion-dollar paper losses as Bitcoin and Ether prices decline.
MicroStrategy sold 32 Bitcoin for roughly $2.5 million, marking its first known BTC sale in years.
Alphabet plans to raise $80 billion to expand AI infrastructure and meet growing demand for Google’s AI services.
People Inc. offered more than $18 billion to acquire MGM Resorts amid rising consolidation in the gaming sector.
Alphabet, Amazon, and other technology firms are raising record debt to finance AI infrastructure and data center expansion.
Gold has gained more than 11,000% since 1971 while the U.S. dollar lost over 99% of its value against the metal.