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 Intended SpaceXAI, the artificial intelligence (AI) arm of Elon Musk’s SpaceX, is preparing to release its first jointly developed AI model with Cursor as soon […]
The post Elon Musk’s SpaceX Moves Bitcoin, Selloff Coming amid SPCX Stock Fell 25%? appeared on BitcoinEthereumNews.com.
Elon Musk’s SpaceX-linked wallet address moved Bitcoin after 6 months, sparking speculation in crypto and stock markets. The transfer coincided with massive profit booking in SPCX stock that sent the stock below its IPO debut price. Elon Musk’s SpaceX Wallet Transfers Bitcoin According to Arkham Intelligence data on July 8, a wallet address linked to Elon Musk’s SpaceX moved Bitcoin for the first time in six months. The transfer triggered selling speculations despite the firm moved just $88 worth of BTC. The firm last moved more than 1016 BTC worth nearly $100 million. SpaceX wallet still holds almost 18,712 BTC, valued at $1.16 billion at the current market price. Notably, the destination address now holds 614 BTC worth $38 million. Elon Musk’s SpaceX Moves Bitcoin. Source: Arkham Outflows from SpaceX to other unknown wallets increased significantly last year near t
The post BTC news: Elon Musk’s SpaceX moves bitcoin for the first time in six months appeared on BitcoinEthereumNews.com.
SpaceX (SPCX) apparently moved bitcoin BTC$62,063.69 across its wallets early Wednesday for the first time in about six months in three transfers totaling less than $300 of its $1.16 billion holding that don’t signal any impending sales. Data from Arkham Intelligence shows the largest transfer across addresses tagged as belonging to the company moved 0.00213 BTC, about $135, between two wallets. A second sent 0.00139 BTC, or about $89. In the third, Coinbase Prime’s custody service topped up a SpaceX address with 0.000738 BTC, around $47, the kind of small amount an exchange sends to cover network fees before a larger transaction can go through. SpaceX went public on June 12 in the largest IPO on record, and its filing put the company’s full bitcoin position on a public balance sheet for the first time. Small movements can draw attention after a share listing even t
The post Musk’s SpaceXAI and Cursor Set to Launch First Joint AI Model as Soon as Wednesday appeared on BitcoinEthereumNews.com.
Key Takeaways SpaceXAI and Cursor plan to ship their first joint AI model as soon as Wednesday, per a staff memo. The model was trained on SpaceX’s Colossus cluster, scaling to roughly 1 million H100-equivalent GPUs. SpaceX, which holds 18,712 BTC, exercised its option to buy Cursor after a $60 billion deal set in April. Preparing For Launch, No Pun Intended SpaceXAI, the artificial intelligence (AI) arm of Elon Musk’s SpaceX, is preparing to release its first jointly developed AI model with Cursor as soon as Wednesday. Reuters reported that the companies had pushed back a launch planned for earlier this week in order to improve the model’s efficiency. The model is set to ship inside both Cursor, the popular AI code editor, and Grok Build, SpaceXAI’s developer-facing product. Training has been running on SpaceX’s Colossus supercomputer, a cluster scaling to r
The post Musk says Grok 4.5 goes public Thursday, pitched as a cheaper Opus rival appeared on BitcoinEthereumNews.com.
Grok 4.5 will be open to the public by Thursday, July 9, according to Elon Musk. Musk stated that the beta program had produced “strong positive feedback” and that the model would ship to the public the next day. He called it “an Opus-class model, but faster, more token-efficient and lower cost,” a reference to Anthropic’s Claude Opus tier. However, his post did not include benchmark scores, pricing, or context-window figures. A rebranded lab and a $60 billion acquisition xAI has renamed itself SpaceXAI, a change that was announced earlier in the week. Also, the latest model, Grok 4.5, is the first that was built jointly with Cursor, the coding startup that SpaceX (NASDAQ: SPCX) is in the process of buying for $60 billion. The model was initially set to launch earlier in the week but was pushed to Wednesday as the team was improving its efficiency, according to The I
The post $100 invested in SpaceX stock at IPO is now worth appeared on BitcoinEthereumNews.com.
For all the hype surrounding the SpaceX (NASDAQ: SPCX) initial public offering (IPO) and the company’s launch valuation, even investing $100 as soon as possible would have proven a middling investment. Specifically, SPCX shares were originally offered at $135 and are, at press time on July 8, trading at $149.52 following a 0.033% extended session rise. Under the circumstances, a $100 investment made already at the IPO would have risen to $110.76 for a $10.76 profit. SpaceX stock price one-week chart. Source: Google Investors who got their hands on SpaceX stock at the beginning of the equity’s first trading day – June 12 – would have seen their position remain effectively flat, while those who purchased on that evening would have lost $7 as the company ended the day at $160.95. Still, both groups would have been far more fortunate than those who took Jim Cramer’s amazement at the rally as a s
The post Machine learning algorithm sets Nvidia stock price for July 31, 2026 appeared on BitcoinEthereumNews.com.
A machine learning-powered forecast from Finbold AI Agent has projected a modest decline in Nvidia (NASDAQ: NVDA) stock by the end of July. According to the prediction generated on July 8, the AI model expects Nvidia shares to trade at an average price of $193.14 on July 31, representing a 1.89% decline from the stock’s current price of $196.86. NVDA price prediction for July 31. Source: Finbold The forecast was produced using a multi-model machine learning system that incorporates predictions from Claude Opus 4.6, DeepSeek Chat, Gemini 3 Flash, and GPT-5.2. The prediction also included technical indicators, including the Moving Average Convergence Divergence (MACD), Relative Strength Index (RSI), stochastic oscillator, MACD slope, 50-day SMA, and 200-day SMA. Among the models, GPT-5.2 delivered the most bullish outlook, projecting NVDA to reach $203.50, implying a gain o
The post SpaceX Sparks Bitcoin Speculation With $88 Test Transfer appeared on BitcoinEthereumNews.com.
SpaceX moved Bitcoin (BTC) on-chain for the first time in six months on Tuesday. The company sent an $88 test transaction between two of its tagged wallets, blockchain tracker Arkham Intelligence reported. The tiny transfer instantly revived a familiar question. SpaceX holds 18,712 BTC, and Elon Musk’s companies rarely touch their coins without drawing market attention. Is SpaceX Moving Its Bitcoin? Arkham flagged the transaction on Wednesday. The funds traveled from a legacy “15atF” address to a newer “bc1q9” address. SpaceX Bitcoin test transaction between tagged wallets. Source: Arkham “A tagged SpaceX address just moved Bitcoin for the first time in 6 months. SpaceX (15atF) made a test transaction of $88 of BTC to SpaceX (bc1q9). Is SpaceX about to move more BTC?” Arkham posed. Follow us on X to get the latest news as it happens The question posed by Arkham itself fuels speculatio
The post Wall Street predicts Tesla stock price for next 12 months appeared on BitcoinEthereumNews.com.
In contrast to most other recent Wall Street analyst notes, RBC Capital’s Tom Narayan upgraded his outlook for Elon Musk’s electric vehicle (EV) company, Tesla (NASDAQ: TSLA), on July 7. Specifically, the institutional expert assigned a ‘Buy’ rating for TSLA stock while increasing his 12-month price prediction from $475 to $500. Notably, while the analyst estimated that the ‘Robotaxi’ represents a robust opportunity with a $4.2 trillion total addressable market, it would appear much of the lift can be attributed to a potential SpaceX (NASDAQ: SPCX) acquisition scenario. Elon Musk has been implementing something of a company rollup as part of which his artificial intelligence (AI) company, xAI, acquired his social media firm, X, before itself getting bought by SpaceX ahead of the record-breaking initial public offering (IPO). The process, started in earnest early in 2025, led some ob
