SpaceX, Anthropic, and OpenAI IPOs could drag equity markets for years, warns Rob Arnott

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Morgan Stanley projects SpaceX revenue to reach $3.4T by 2040

SpaceX's projected growth could redefine market expectations, challenging traditional industry norms and reshaping global economic landscapes. The post Morgan Stanley projects SpaceX revenue to reach $3.4T by 2040 appeared first on Crypto Briefing.

Jun 6, 2:18 PM

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Want In On SpaceX? Kraken Unveils Early IPO Access Via xStocks

Kraken has opened a path for eligible customers in more than 110 markets to register interest in SpaceX before the company starts public trading, and anyone who receives an allocation will get SPCXx, a tokenized claim backed 1:1 by the underlying shares. The move puts one of the year’s most watched offerings inside a crypto […]

Jun 6, 1:30 PM

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OpenAI and Anthropic share roughly 90 investors as both companies race toward IPOs

The shared investor base could amplify market volatility and influence AI sector dynamics as both companies approach their IPOs. The post OpenAI and Anthropic share roughly 90 investors as both companies race toward IPOs appeared first on Crypto Briefing.

Jun 6, 12:01 PM

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Analyst Who Called Cycle Top Says Bitcoin Bottom Could Be At $28,500 — Here’s When

The Bitcoin price briefly fell below the $60,000 level for the first time since 2024, succumbing to intense bearish pressure that ravaged global financial markets on Friday, June 5th. While the imminent initial public offering of SpaceX in the United States has been identified as one of the catalysts behind the downturn, the US equities […]

Jun 6, 12:00 PM

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SpaceX IPO underwriters ban Hong Kong and China investors due to US export restrictions

Excluding Chinese investors from SpaceX's IPO highlights the growing impact of geopolitical tensions on global capital markets. The post SpaceX IPO underwriters ban Hong Kong and China investors due to US export restrictions appeared first on Crypto Briefing.

Jun 6, 11:37 AM

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Crypto-Funded Chinese Peptide Labs Are Booming

Plus: Hackers use Meta’s AI bots to hack Instagram accounts, Anthropic helps NSA hackers, a decades-long GPS satellite mystery may have been solved, and more.

Jun 6, 10:30 AM

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Did SpaceX IPO fever trigger Bitcoin’s sharp drop this week?

Online speculation has tied Bitcoin’s latest drop to retail demand for SpaceX’s record IPO, but crypto flow data has not shown clear evidence of a mass cash exit. CryptoQuant data reviewed in the report showed no unusual withdrawals of USDC…

Jun 6, 10:08 AM

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Anthropic calls for industrywide pause on AI development to assess risks

A coordinated AI development pause could reshape global regulatory frameworks, impacting investment strategies and international compliance norms. The post Anthropic calls for industrywide pause on AI development to assess risks appeared first on Crypto Briefing.

Jun 6, 10:04 AM