Bookmarking Crypto Insights
Auto Added by WPeMatico
Elon Musk’s social platform X has begun rolling out its X Money payments service to select Premium+ subscribers, offering up to $10 million in federal deposit insurance through a new cash sweep program. A Tenfold-Plus Jump Over Standard Deposit Insurance The rollout extends X Money to higher-tier users and introduces what the company calls the … Read more
Elon Musk’s net worth fell by roughly $150 billion in a single day as SpaceX shares dropped 16%, part of a three-day slide that erased hundreds of billions in market value following the company’s record initial public offering (IPO). A Brutal Three Days SpaceX stock fell 16% on Monday to close at $154.60, its lowest … Read more
Elon Musk has projected that SpaceX could generate roughly $1 trillion in annual revenue by 2030, days after the company’s record initial public offering (IPO), while investor Anthony Pompliano publicly urged Musk to merge Tesla and SpaceX into a single company. A Trillion-Dollar Projection Elon Musk said SpaceX’s revenue could reach about $1 trillion a … Read more
Big Short investor Steve Eisman said he would not be surprised by a Tesla-SpaceX deal, fueling speculation about Elon Musk’s next major move. The comments come as SpaceX IPO demand reportedly tops $250 billion. SpaceX IPO Demand Puts Tesla Deal Speculation Under Pressure SpaceX’s intense IPO demand has fueled investor interest in any potential deal … Read more
A federal jury has thrown out every claim in Elon Musk’s lawsuit against OpenAI and Sam Altman, finding the case to have been filed past its legal deadline. Verdict Reached, But Battle Not Over A federal jury in Oakland, California sided with OpenAI on May 18, unanimously dismissing all claims in Elon Musk’s lawsuit against … Read more
Tesla’s $1.5 billion bitcoin bet produced early profits, huge sales during the 2022 crypto crash, and a lasting corporate crypto footprint, as blockchain analysis shows Elon Musk’s company still holds a significant stash. Arkham Traces Tesla’s $1.5B Bitcoin Bet: Early Profits, Massive 2022 Sales, and What Happened Next Tesla and its CEO Elon Musk played … Read more
At the 2026 World Economic Forum in Davos, Elon Musk laid out a sweeping vision of humanity’s future—one built on artificial intelligence, robotics, solar energy, and fully reusable rockets—during a wide-ranging onstage discussion with Larry Fink, the CEO of Blackrock. The Abundance Era: Why Elon Musk Thinks AI Changes Everything Speaking before a packed audience … Read more
The Wall Street Journal reported that Tesla’s board had initiated a search for a new CEO to replace Elon Musk, citing sources familiar with discussions that began in March due to Musk’s focus on his role in the Trump administration’s Department of Government Efficiency (DOGE) and Tesla’s declining stock price and sales. The report noted … Read more
Tesla’s SEC filing reveals 11,509 bitcoin worth $1.119 billion, with a $589 million unrealized gain under new accounting rules, reinforcing its bullish crypto position. Tesla Reports $1.07 Billion in Bitcoin Tesla Inc. filed its annual 10-K report with the U.S. Securities and Exchange Commission (SEC) on Jan. 29 for the fiscal year ended Dec. 31, … Read more
According to revised accounting standards, Tesla’s digital assets now amount to $1.08 billion, indicating a mark-to-market gain from its bitcoin holdings. Unrealized Bitcoin Gains of $600 Million Added to Tesla’s Earnings Tesla Inc. has reported a $600 million boost in its latest quarterly results, attributed to a recent change in accounting rules for digital assets. … Read more