SpaceX sparks short-squeeze debate as bears pile into SPCX

Binance says it will stay in Europe after its Greek MiCA license setback, with its EU permission set to expire at the end-June. Binance is facing fresh pressure in Europe after its Greek MiCA license effort failed before a key cutoff.  Reuters reported on June 24 that the exchange still plans to remain in the […] The post Binance EU Push Faces Deadline After Greece MiCA License Setback appeared first on Live Bitcoin News.

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.

Musk's wealth drop highlights the volatility of tech investments and the risks of concentrated holdings, impacting market sentiment broadly. The post Elon Musk loses trillionaire status as SpaceX shares tumble nearly 30% 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.

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

Elon Musk’s SpaceX raised $25 billion in its first-ever corporate bond sale, drawing nearly $90 billion in investor orders, less than two weeks after the company’s record-setting initial public offering (IPO). A Heavily Oversubscribed Debut SpaceX priced $25 billion of investment-grade notes on June 23, in what ranks as one of the largest debut corporate […]