Elon Musk's SpaceX aims to launch one million AI data center satellites by 2028 using the Starship rocket, but experts warn this could cost around $2 trillion, equal to SpaceX's projected IPO valuation, risking a financial collapse. While SpaceX has successfully launched 10,000 Starlink satellites, scaling to hourly Starship launches for AI satellites is seen as unrealistic. Experts highlight that space-based AI data centers are currently far more expensive than terrestrial ones and may only become viable by the mid-2030s with significant cost reductions. Despite the risks, Musk's plan taps into the booming AI investment trend, potentially boosting SpaceX's IPO appeal.
The US Central Command disabled a fifth commercial vessel, the M/V Lian Star, by firing a Hellfire missile into its engine room after it ignored warnings while heading to an Iranian port. This action is part of the ongoing US naval blockade of the St...
Stellar (XLM) surged 40.43% in 24 hours, breaking a multi-month downtrend and reaching $0.2862 with a $9.62 billion market cap. The rally was supported by a 33.85% volume increase and a 10.89% rise in derivatives Open Interest, signaling strong trade...
The Nicholas Global Equity and Income ETF (GIAX) provides a 24% starting yield with weekly income distributions by using a global call spread strategy on indices. However, GIAX tends to underperform in strong bull markets due to limited upside captur...
BNB and Aster tokens surged by double digits as Binance prepares to unveil a new product on June 1. Speculation centers on Binance potentially launching a dual-track US equities platform, including traditional stock trading via brokers and tokenized ...
Epsilon Energy is diversifying by expanding into liquids-rich basins, supported by strong cash flow growth from high commodity prices. This financial strength allows the company to profitably grow operations while focusing on securing payback and pro...
