Elon Musk loses trillionaire status as SpaceX shares tumble nearly 30%

SpaceX shares have remained under pressure after short interest jumped to 13% of the publicly tradable float while the stock lost more than 25% over the past five trading sessions. According to data from Ortex Technologies cited by Reuters, bearish…

Shares surge in after-hours trading after chipmaker reports strong third-quarter earnings on AI boost

The surge in bond sales highlights a shift towards debt financing in tech, driven by AI investments and favorable borrowing conditions. The post Nvidia, SpaceX drive US investment-grade bond sales to June record appeared first on Crypto Briefing.

Space-based AI data centers could revolutionize computing infrastructure, challenging terrestrial centers and reshaping industry dynamics. The post SpaceX’s Starship enables Elon Musk’s AI orbital data centers appeared first on Crypto Briefing.

On Wednesday, bitcoin slipped beneath the $60,000 zone, touching an intraday low of $59,500, while Strategy’s 847,363 BTC stash now sits $12.55 billion below water. At the same time, the company’s MSTR shares have faltered, shedding 78.37% since July 16, 2025. STRC Discount Tests Strategy’s Bitcoin Bet as Investors Demand Higher Yield The drawdown now […]

xAI's expansion into video and image generation under SpaceX could reshape the AI landscape, intensifying competition and innovation in multimedia AI. The post xAI expands video and image generation tools under SpaceX umbrella appeared first on Crypto Briefing.

SpaceX's IPO volatility highlights the risks of high valuations, impacting investor strategies and potentially reshaping market dynamics. The post SpaceX faces valuation swings after record-setting IPO debut appeared first on Crypto Briefing.

The AI IPO tsunami on the stock market has only recently gotten under way, with SpaceX’s more-than-$2 trillion IPO likely to be followed in several months by OpenAI’s and Anthropic’s IPOs — each of which is likely to hit $1 trillion. That will mint three new trillion-dollar AI companies in a matter of months, all of which compete with Microsoft.  Wall Street has never seen anything like it. Previously, the most money raised by all IPOs in a single year was $671 billion in 2021. It took 38,644 deals to get to that figure. Compare that to three deals this year that by themselves will likely total $4 trillion. The numbers are eye-popping.  For Microsoft though, it’s not the numbers themselves that are important. It’s what will happen to the company once it as three newly minted trillion-dollar AI competitors. Until recently, when it came to AI, Microsoft was king of the hill. But can it keep that place? Microsoft’s weakened position The IPOs come at a particularly fraught time for Microso