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Musk Asks SpaceX's First IPO Participants to Grok Subscription and Integrate It Into Their Own Systems

2 hours ago

Per monitoring from 1M AI News (via its Telegram channel @OneMillion_AI), Elon Musk has mandated that banks, law firms, audit firms, and other advisory firms participating in SpaceX’s first IPO must subscribe to Grok as a condition of involvement. Some banks have agreed to allocate millions of dollars annually for Grok subscriptions and have begun integrating the tool into their IT systems and corporate infrastructure. In addition to Grok subscriptions, Musk has also asked these banks to advertise on X—but the ad requirement is relatively less strict. The Grok mandate is not a voluntary move by the banks; it’s an explicit condition Musk has insisted on. Major participating banks include Morgan Stanley, Goldman Sachs, JPMorgan Chase, Bank of America, and Citigroup. SpaceX recently raised its target IPO valuation to over $2 trillion, potentially making it the largest IPO in history. This has strengthened Wall Street institutions’ desire to participate, leading them to show greater willingness to comply with Musk’s conditions.
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Brent Crude Oil Futures currently at $109.21 per barrel, WTI Crude Oil Futures at $110.47 per barrel

On April 6th, per Bitget data, Brent Crude Oil Futures were trading at $109.21 per barrel, while WTI Crude Oil Futures stood at $110.47 per barrel. Blockbeats reported earlier that a mediator made a final push for a 45-day ceasefire between the U.S. and Iran.

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China's AI Large Model API Calls Surged Over 31% MoM, Outpacing the United States for Five Consecutive Weeks

April 6th — Per the latest data from OpenRouter, the total weekly call volume of global AI large language models (LLMs) hit 27 trillion tokens last week (March 30 to April 5), up 18.9% week-over-week. Among listed LLMs, Chinese models’ weekly call volume rose to 12.96 trillion tokens — a 31.48% jump from the prior week. This marks five straight weeks of growth, and Chinese LLMs have outpaced U.S. models for five consecutive weeks. U.S. LLMs saw a weekly call volume of 3.03 trillion tokens, with only a 0.76% week-over-week increase. Last week, the top six global LLM call volume rankings were all Chinese models. Two entries from Alibaba’s Qwen 3.6 series landed in the top three: - Qwen3.6 Plus (free) topped the list with 4.6 trillion weekly tokens; - Qwen3.6 Plus Preview ranked third with 1.64 trillion weekly tokens. (Source: National Business Daily)

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The market is starting to price in the expectation of a US-Iran ceasefire, with a ceasefire by the end of June now a high-probability event.

April 6th — Ceasefire expectations between the U.S. and Iran have climbed steadily since yesterday on Polymarket, per monitoring from PolyBeats. Key probability updates: - Ceasefire by month-end: Up from 18% to 28% - By end-May: 34% → 42% - By end-June: Now a high-probability event at 53% The uptick is primarily tied to former President Trump’s deadline for Iran to engage in talks, set for Tuesday night Eastern Time (Wednesday morning Beijing). Several developments have also boosted optimism: - Sources report the U.S., Iran, and regional mediators are negotiating terms of a potential 45-day ceasefire, which could pave the way for a permanent end to hostilities. - Iran held talks with Oman on Saturday to discuss solutions for ensuring navigation in the Strait of Hormuz.

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「Whale」 Continues to Increase ETH Long Position, Position Size Surpasses $17 Million

April 6th: Per HyperInsight monitoring (link: https://t.me/HyperInsight), the address linked to "Pal" Huang Licheng today expanded its ETH long position by 8,100 coins (~$17.24M) with 25x leverage. Current unrealized profit sits at ~$450k, with an average entry price of $2,081.26 and a liquidation price of $2,000.46.

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Mediator Makes Final Push for 45-Day Ceasefire Agreement Between US and Iran

April 6th: Per Axios, four U.S., Israeli, and regional sources familiar with the negotiations say the U.S., Iran, and regional mediators are discussing terms for a potential 45-day ceasefire—one that could ultimately pave the way for a permanent end to the war. Sources note the odds of a partial agreement being reached in the next 48 hours are low. But this final push is the only chance to head off a sharp war escalation—one that would include large-scale strikes on Iran’s civilian infrastructure and retaliatory attacks on Gulf state energy and water facilities.

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CZ's tweet mentions an excerpt from a new book, causing a 15% price surge for the meme coin of the same name, Freedom of Money.

On April 6th, per GMGN’s monitoring (link: https://gmgn.ai/bsc/token/i_m4TE56o8_0x3e17ee3b1895dd1a7cf993a89769c5e029584444), the BSC-based meme coin named “Freedom of Money” (after CZ’s new book of the same title) saw a short-term 15% market value surge. Earlier today, CZ shared an excerpt from his book *Freedom of Money* on Twitter, which fueled the token’s rally. The meme coin briefly pushed its market capitalization above $15 million and now stands at $15.3 million. BlockBeats Note: Meme coins are extremely volatile, driven largely by market sentiment and concept-based speculative trading. They lack intrinsic value and practical use cases. Investors should exercise caution regarding associated risks.

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