SpaceX is preparing for an IPO valued at $1.75 trillion, which implies a very high valuation of 93 times its trailing sales despite reporting large net losses of $4.94 billion in 2025 and $4.28 billion in Q1 2026. The company faces significant cash burn and substantial debt obligations. The IPO will force passive index funds to buy SpaceX shares due to its expected inclusion in the Nasdaq 100, potentially inflating demand regardless of the company's fundamentals. Analysts caution investors to avoid the IPO due to extreme valuation, execution risks, and distorted price discovery caused by forced passive flows.
Bitcoin miners are experiencing declining revenue as the network's hash rate and mining difficulty fall, reflecting a shift of miners into AI infrastructure. Despite this stress, miners are accumulating Bitcoin, with reserves increasing by 1%, signal...
Lululemon invested in Syntetica's $30 million Series A funding to support its innovative recycling of Nylon 6 and Nylon 6,6, materials difficult to separate and reuse in textile waste. This move aligns with growing industry demand for sustainable, co...
Ethereum futures long positions among top traders increased by over 3 percentage points across both USDT- and coin-margined markets, indicating a broad-based shift in short-term sentiment. This rise suggests heightened attention on ETH compared to ot...
NVIDIA announced that leading Japanese companies in robotics and manufacturing are adopting its Cosmos, Isaac, Metropolis, and Jetson platforms to accelerate AI-powered intelligent machines across industries. The new Cosmos 3 Edge model enables real-...
Oil prices are rising sharply due to renewed US naval blockades on Iranian shipping and increased tensions in the Strait of Hormuz, a critical oil transit route. Brent crude is holding above $85 and WTI above $80, with forecasts suggesting WTI could ...
