Guardian readers in the US share concerns about how the SpaceX IPO and AI boom affect their retirement accounts
Elon Musk became the world’s first trillionaire last week after SpaceX debuted on the stock market with a valuation of $1.77tn.
Millions of Americans could soon become indirect investors in SpaceX and other emerging AI-focused companies as US markets increasingly shift toward AI-driven investments.
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Luca Guadagnino's film about OpenAI CEO Sam Altman, Artificial, has reportedly been dropped by Amazon MGM.
The film, which stars Andrew Garfield and covers the rollercoaster five days in 2023 spanning Altman's termination and reinstatement as CEO, had been in the works for about a year. The cast also includes A Complete Unknown actress Monica Barbaro as OpenAI CTO Mira Murati, Ike Barinholtz as Elon Musk, and Anora's Yura Borisov as OpenAI chief scientist Ilya Sutskever.
In a statement to Deadline, the studio said it believes the movie "will be better served if it were released by a different studio and is working closely with the filmmak …
Read the full story at The Verge.
Guardian report ties Farage’s push against a retail CBDC to industry lobbying as a Tether‑linked group warns Britcoin could crowd out stablecoins; stakes rise.
California first lady’s Miss Representation: Rise Up studies the backlash against women in the era of algorithms and deepfakes
Life moves pretty fast. It is Monday lunchtime when Jennifer Siebel Newsom drops into the Guardian’s office in Washington, just a couple of blocks from the White House, for an interview to promote her new film. Less than two hours later her husband, the California governor, Gavin Newsom, announces that the couple are under investigation by the justice department.
One strand of the investigation specifically targets Siebel Newsom’s taxes and the California Partners Project, a gender equity non-profit she co-founded that received $4.3m in donations solicited by her husband. Gavin Newsom denounced the move as a “personal vendetta” directed by Donald Trump because the governor is considering running for US president.
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MEXC, a pioneer in 0-fee digital asset trading, reported that daily trading volume for SPCX futures peaked at over 800 million USDT. Following SpaceX’s IPO, SPCX futures trading has continued to surge, with average daily trading volume in the three days post-IPO growing nearly 7 times compared to pre-IPO levels.
The race to build data centers in space is gaining momentum as AI drives unprecedented demand for computing power. Orbital facilities could tap into abundant solar energy and avoid many of the environmental challenges faced on Earth. Yet space remains a harsh and expensive place to operate, with major hurdles including cooling, maintenance, radiation exposure, and orbital debris.
SpaceX's rapid market cap growth signals strong investor confidence, potentially influencing broader market dynamics and investment strategies.
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SpaceX's financial strategy intertwines high-stakes AI expansion with volatile crypto holdings, posing significant risk to bond investors.
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