SpaceX suffered a loss of nearly $5 billion last year, with AI investment being the main drag.
SpaceX posted a nearly $5 billion loss in 2025, per The Information, as it ramps up spending on AI-related infrastructure and computing power, the outlet reported Wednesday (April 10).
SpaceX is accelerating its push into AI and high-performance computing—including building data centers and procuring computing power—to back its long-term strategy for satellite networks and automated systems. But heavy capital expenditures have taken a big bite out of its short-term profitability.
Despite the steep loss, the market broadly sees SpaceX’s core revenue streams—including Starlink—continuing to grow. The AI investment is viewed more as a forward-looking move to strengthen its competitive edge in communications and aerospace data processing.
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Putin Ceasefire, Trump Warning, Houthis Threat - In a single night, drums of war sounded in three parts of the world
**April 10th Quick Recap: Key Geopolitical Developments**
- **Ukraine-Russia Ceasefire**: Putin announced a 32-hour Easter ceasefire; Ukrainian President Zelensky immediately matched the move. The ceasefire window opens at 9:00 PM Beijing time on April 11th.
- **Market & Policy Updates**:
- Intercontinental Exchange (ICE) hiked margin requirements for Brent and European Diesel futures contracts.
- U.S. media reports: The U.S. government is expected to extend Russian oil sanction waivers this week, potentially clearing the way for future Iran oil waiver arrangements.
- Polish Central Bank President reaffirmed commitment to growing gold reserves (current holdings: 580 tons), reiterating its 700-ton target.
- **Iran & Middle East: Multiple Fronts Progressing**
- **Negotiations**: Iran’s deputy foreign minister confirmed a delegation will travel to Islamabad for peace talks—but laid out a condition: Israel must halt attacks on Lebanon. Sources note Iran will not ho
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Trump: Iran doing very poorly in the Strait of Hormuz oil shipping
On April 10, U.S. President Donald Trump said, “Regarding Iran’s actions allowing oil shipments through the Strait of Hormuz, its behavior has been very bad, to put it mildly. It’s almost a form of piracy. This is nothing like the agreement we struck!”
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The war of words escalates as OKX Star engages in a virtual showdown with CZ, stating that due to compliance issues, he is unable to participate in a public "bet."
On April 10, the public feud between OKX CEO Star and Binance founder Changpeng Zhao (CZ) escalated further, with the pair clashing again in a heated exchange on social media this morning.
Zhao demanded Star “apologize like a man” for his prior remarks, criticizing him for pivoting the conversation, launching ongoing baseless attacks, and noting Binance’s equity ownership “has nothing to do with you.” He added: “You’ve wasted enough of my time. Back to ignore mode. Not worth it.”
In a post, Star — as OKX’s CEO — said he could not participate in a public “bet” due to the company’s compliance culture, and reminded that gambling is prohibited for UAE nationals. He clarified he has no interest in CZ’s personal life, but if Zhao makes untrue statements about him in books or public interviews, he reserves the right to question and clarify the facts.
Star also took aim at divorce asset division, stating that after a 20-year marriage, the lawful splitting of family assets (including c
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White House Internal Warning: Staff Prohibited from Using Policy Insider Info for Predictive Market Betting
**WSJ: White House Warned Staff Against Abusing Power to Bet on Prediction Market Timing Hours After Trump Suspended Iran Airstrike**
Per a Wall Street Journal report on April 10th, the White House Office of Management and Budget (OMB) issued a warning on March 23rd telling staff not to abuse their power by betting on timing in prediction markets—just hours after former President Trump suddenly announced he was halting a planned airstrike on Iran last month.
Earlier that March 23rd day, Trump revealed the airstrike suspension via Truth Social. Roughly 15 minutes before the abrupt policy shift, Dow Jones market data shows a surge in mysterious trading activity: over $760 million worth of oil futures contracts changed hands in less than two minutes.
More recently, three accounts on the Polymarket platform netted over $600,000 in profits by accurately predicting the timing of Iran’s ceasefire this week. Trump critics—including many Democrats—immediately alleged individuals profit
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