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Elon Musk says SpaceX has raised $40 billion in financing for GPU procurement.

59 minutes ago

Elon Musk said SpaceX (SPCX.O) has completed $40 billion in GPU debt financing. He added that the company’s investment-grade credit rating and revenue from its Starlink satellite internet and launch operations help maintain smooth access to its credit channels. SpaceX will not acquire any new cloud service providers. Musk stated: “This is primarily redeemable debt for purchasing GPUs set to arrive in the first and second quarters, with little impact on the current quarter.”

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Bitcoin once again falls below the $80,000 mark.

According to HTX market data, Bitcoin once again fell below the $80,000 mark, with a 0.75% decline in the past 24 hours.

18 minutes ago

Altcoins extend their downtrend, with COMP falling over 11% in 24 hours.

According to HTX market data, as Bitcoin once again fell below $80,000, altcoins extended their decline. Specifically: BMT dropped 15.1% over 24 hours, trading at $0.03226; COMP fell 11.49% in 24 hours, now at $21.02; SAHARA declined 9.27% over 24 hours, priced at $0.00773; KERNEL dropped 8.9% in 24 hours, currently trading at $0.0471.

18 minutes ago

Elon Musk said SpaceX has raised $40 billion in funding to purchase GPUs.

Elon Musk announced that SpaceX (SPCX.O) has completed $40 billion in GPU debt financing. He added that the company’s investment-grade credit rating and revenue from Starlink satellite internet and launch operations help maintain the smooth operation of its credit channels. SpaceX will not acquire any new cloud service providers. Musk stated: "This is primarily redeemable debt for purchasing GPUs arriving in the first and second quarters, with minimal impact on the current quarter."

18 minutes ago

Arthur Hayes has sold off $49.24 million worth of altcoins.

According to Onchain Lens monitoring, Arthur Hayes has cumulatively received 49.24 million USDC after recent token sales. Notably, Galaxy Digital recently transferred 23.07 million USDC to his address, bringing the total USDC he received from trading firms and crypto exchanges to 49.24 million. Previous reports indicated that Arthur Hayes stated he had liquidated directional trading positions, opted to step aside temporarily, and would wait for clear signals of risk mitigation before re-entering the market.

18 minutes ago

SK Hynix plans to distribute a special dividend totaling approximately $12 billion.

According to South Korea's Dong-a Ilbo, SK Hynix (SKHY.O) plans to distribute a special dividend totaling 16 trillion won, equivalent to approximately $12 billion.

18 minutes ago

US WTI and Brent crude oil opened 1.2% lower on Monday, with reports that Qatar-mediated mediators are heading to Tehran.

According to Bitget market data, both WTI and Brent crude oil opened 1.2% lower on Monday. Sources reported that Qatari mediators have traveled to Tehran to coordinate efforts to de-escalate regional tensions.

18 minutes ago

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