SpaceX has lowered its IPO valuation target to $1.8 trillion from $2 trillion, yet prediction markets show a 78% chance it will debut above $2 trillion, ranking it among the world's top 10 companies. The company filed for a Nasdaq listing under the ticker SPCX, aiming to raise at least $75 billion, which would be the largest IPO ever. SpaceX's 2025 revenue reached $18.7 billion, driven mainly by its Starlink satellite internet business. Despite a $4.94 billion loss in 2025 due to heavy AI and data center investments, the IPO is expected to make Elon Musk the world's first trillionaire with 85% voting control.
Veea Inc. has announced the commercial release of VeeaONE, a full-stack AI infrastructure platform that integrates edge-to-cloud hardware and software. The platform supports VeeaWare middleware on NVIDIA Jetson and x86/Arm servers, enabling secure, l...
Virtuals Protocol has introduced customizable tokenized indexes on the Robinhood Chain, allowing users to combine multiple assets into a single token. This innovation enables users to create and manage their own asset baskets and earn fees when other...
US spot Bitcoin ETFs saw net inflows of $107.8 million on Wednesday, while Ethereum ETFs attracted $53.8 million, signaling renewed institutional interest in crypto funds. Since their launch in January 2024, Bitcoin ETFs have accumulated over $51 bil...
Kaia has signed a strategic partnership with Xilo Labs to integrate Mochi, an onchain asset management platform, into Kaia's ecosystem. This collaboration allows users to invest stablecoins into diversified portfolios backed by tokenized real-world a...
Bitcoin's price surged to nearly $65,000 following softer-than-expected U.S. inflation data for June, easing fears of Federal Reserve rate hikes. However, on-chain data reveals two main groups of investors—long-term holders who bought near last year'...
