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Markets are ripping as Bitcoin miners pivot to AI infrastructure. We cover AWS rumors, Galaxy Digital's surge, Michael Saylor's latest multi-million Bitcoin buy, the Texas 4CP mining curtailment, and Elon Musk’s massive $26B xAI compute deals with Google and Anthropic.
Bitcoin has been selling off since privately held SpaceX filed to go public on May 20.
Wall Street is moving to stuff SpaceX shares into small investors' portfolios, exposing them to a potentially overpriced stock.
10% That's roughly how much of the endowment of the University of North Carolina system is tied up in SpaceX, according to people familiar with the endowment. It's one of many schools with sizable holdings in Elon Musk's rocket company.
Yahoo Finance Senior Columnist Kerry Hannon joins Josh Lipton on Market to discuss Fidelity's (FNF) decision to lower its account minimum for the SpaceX (SPCX) IPO set for Friday, June 12.
The crypto market faces a hard question this morning. Can a single initial public offering, even one of historic scale, pull enough capital out of digital assets to bend their price action? Bitcoin (CRYPTO:BTC) is trading near $63,800, up 2.8% over the past 24 hours, yet the multi-week chart tells a different story. Despite today’s ... Is the SpaceX IPO Crashing the Crypto Market?
Tech stocks are recovering from a brusing sell-off ahead of Oracle earnings, Apple's Worldwide Developers Conference, and the highly anticipated SpaceX IPO.
SpaceX IPO: Elon Musk's company plans to sell 556.6 million shares at $135 in its initial public offering, raising $75 billion.
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