Ahead of its June 12 IPO, SpaceX is approaching a $1.75T valuation.
That's equivalent to many of the world's largest aerospace and defense companies combined, including $BOEG, Airbus, $RTX, GE Aerospace, and $LMT.
Investors appear to view $SPCX as more than a rocket company.
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AI data centers are getting bigger, and so are their power needs...
xAI is building some of the world’s largest AI supercomputers, and the energy needed to run them is growing just as fast.
The chart shows how power deman increases as AI clusters get bigger. Meta’s 129,000GPU cluster uses about 165 MW of power, while xAI’s planned Colossus 2 system is expected to reach 550,000 GPUs and 1,000 MW.
Bigger data centers mean higher chip demand and more chips consume more power.
Does the market fully appreciate what that could mean for SpaceX's future growth?
Wheat's supply cushion is thinning. The May WASDE cut 2026/27 ending stocks by 173 million bushels to 762 million, about 18% under last year.
The crop in the ground isn't helping: winter wheat was rated just 26% good to excellent on June 1, down from 52% a year ago and well below the 43% five-year average. Tighter carryout plus a struggling crop is the kind of mix that could keep a bid under prices.
We'll get updated USDA projections on the June WASDE to be released on Thursday the 11th.
https://t.co/4ebc6dFycK
Today is such a historic day with $SPCX IPO, $META sites and apps are down often, some brokerages are slow or down, but https://t.co/3334KhwYEQ is up! https://t.co/tGSwxH23L6
#SpaceX#Elon#ElonMusk#Musk $TSLA #SPCX $RKLB $ASTS
The internet's value didn't come from the protocol itself.
It came from the companies : Amazon, Google, Stripe, etc, that used it as a foundation to build applications that delivered value to end-users.
Blockchains are a platform. And the apps are starting to show up.
Credit is one of the biggest ones. Fundamentally, there's no reason it can't run on the same rails that people globally communicate through.
$5 trillion moves through global credit markets daily, through infrastructure that hasn't meaningfully changed in decades. It's intermediary-heavy and exclusive by design.
@Morpho is one of the clearest signals we've seen that this is real. An internet protocol can orchestrate billions of capital to deliver savings and credit instruments to millions of users around the world.
Through every cycle, adoption has only ever gone in one direction.
That’s why we participated in @Morpho's latest fundraise alongside @paradigm, @a16zcrypto, @RabbitCapital, and many others. The @Morpho team is one of the most serious in the industry, and we're excited to support them as they continue to be a pioneer in this space.
An #ETF designed to help make core equity exposure work harder. With the addition of $ONEH, investors can maintain their standard exposure while aiming for smoother participation in both declines and rebounds.
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The Digital Asset Market Clarity Act (H.R. 3633) hit the Senate Legislative Calendar on June 1 as Calendar No. 423. It cleared Senate Banking 15-9 on May 14 and would split oversight: digital commodities to the CFTC, securities to the SEC, payment stablecoins to banking regulators.
Passage still needs 60 votes, and no floor date is set. In our view, the bill may be the closest a U.S. market-structure measure has reached toward a Senate vote.
Source: https://t.co/K0oP1YPGfz, H.R.3633 https://t.co/wvPxLDeqoJ