Boosted by better-than-expected revenue and positive merger news, SpaceX saw its value jump more than 10% at one point.

According to Forbes, driven by gains in SpaceX and Tesla’s share prices, Elon Musk reclaimed his spot as a trillionaire on October 21. His net worth increased by approximately $88 billion that day, hitting $1.013 trillion. SpaceX’s share price surged over 10% following the release of its better-than-expected third-quarter results, while Tesla’s rose more than 3%; Tesla was set to announce its earnings after U.S. markets closed the same day. Musk confirmed during SpaceX’s Tuesday evening earnings call that the two companies are exploring a merger. Musk became the world’s first trillionaire on June 12 when SpaceX went public, and has since fallen below and reclaimed the threshold multiple times; he most recently lost the status last week amid a decline in SpaceX’s share price.

According to official announcements, prediction market platform predict.fun stated in a post that it has launched six 15-minute up/down markets, with underlying assets including UNITREE, ZHIPU, SKHYNIX, SNDK, XAU, and CL (crude oil), and trading is now live.

US Treasury Secretary Scott Bessent issued a statement describing the GENIUS Act as a watershed moment for the U.S. financial sector, further cementing America’s status as the global crypto hub. He pointed out that just as President Lincoln’s 1863 National Currency Act established a national framework for bank-issued currency, the GENIUS Act creates a federal framework for payment stablecoins in the digital age. Bessent noted that the final rules from the Office of the Comptroller of the Currency (OCC) advance the implementation of this landmark legislation, providing a clear, practical foundation for private-sector innovation, competition, and U.S. leadership in the digital assets space.

According to HTX market data, Ethereum has broken through $2,500, with a 1.7% gain in the past 24 hours.

Google announced that Google Cloud is rolling out updated serverless base images for all supported PHP versions, urging customers to upgrade immediately to PHP 8.2 or later and redeploy their services using the patched versions. Google clarified that Google Cloud itself has no vulnerabilities, but users running PHP on the platform may face risks. The tech giant also noted that Gemini 4 ARGON contributed to vulnerability discovery, exploit development, attack detection, and patch validation.

According to Bloomberg, prediction market platform Kalshi has struck a new deal with crypto asset custodian BitGo, allowing select clients to borrow funds using their custodied crypto assets as collateral, with the loan proceeds serving as margin for leveraged perpetual futures trading on Kalshi’s exchange. The arrangement is targeted at clients of Kalshi Prime, Kalshi’s U.S.-registered futures commission merchant, and adopts a tri-party collateral management structure. Loans are provided by Kalshi’s affiliated lending firm Kalshi Katalyst, while collateral assets are held at BitGo Bank & Trust. Eligible collateral includes Bitcoin, Ethereum, and stablecoins compliant with the GENIUS Act, with plans to integrate additional custodians in the future. Jeff Bandman, CEO of Kalshi Prime, stated that the setup enables clients to participate in trading without liquidating their crypto holdings, which may attract crypto-native trading firms and large digital asset holders (whales).