XiaoDan8

SpaceX shares plummeted to $200. It looks like Musk decided to show those bald old men how to manipulate the price of their candy wrappers. 😁

Basically, if you look at the raw numbers, SpaceX is in a bleak spot. They're deeply unprofitable and burning through $20 billion a year on their development.

SpaceX's valuation is 110x based on the P/S ratio. Its closest competitors are 50 times lower. Meanwhile, these competitors have solid businesses, positive cash flow, and pay dividends.

In general, romantics are being sold the story that SpaceX will be the company that colonizes Mars and Musk's rockets will be used to deliver people and cargo. One question arises here: "So what?"

Let's say Musk sends people to a neighboring planet and sets up some kind of camp there. What good will that do for business? It won't bring in any money, and it won't deliver resources from another planet either. In short, it's complete bullshit.

The hype around SpaceX is reminiscent of the hype around Virgin Galactic in 2020. Look at their chart. 😁

BREAKING : 🇺🇸BlackRock ETF has sold $148,470,000 worth of Bitcoin.

Elon Musk's SpaceX has become the largest public offering in history, priced at $135 a share and raising $75 billion—nearly three times Saudi Aramco's record of $25.6 billion in 2019. Trading in SpaceX shares begins tomorrow.

China is switching to its own CIPS payment network, replacing SWIFT. Transaction volumes have increased fivefold since 2020.

Donald Trump appears to have opened a brokerage firm in the White House—his trading volume has skyrocketed. He trades virtually all the major US stocks, which he himself praises—Intel, Tesla, Microsoft.

The Shanghai Stock Exchange Index reached its highest level since July 2015. The index has gained almost 30% in a year.

Tether has frozen over $514 million in 370 Tron and Ethereum wallet addresses over the past 30 days.

How Eric Trump Got Rich with Bitcoin and Is Following the DIVO Project
A Fortune Investors $BTC

Available observable oil reserves are plummeting

Lukashenko has legalized cryptobanks in Belarus: banks will be allowed to hold cryptocurrency deposits, issue crypto loans, accept crypto as collateral, transfer tokens from individuals to legal entities, and buy, sell, and issue their own coins. The initial list of permitted cryptocurrencies includes Bitcoin, Ethereum, TON, Solana, and 22 other coins.

Anthropic's Claude artificial intelligence company has reached a $1 trillion valuation on the secondary market. The market is experiencing a frenzy of demand for the company's shares. OpenAI is valued below $900 million.

Brent crude futures for May delivery traded above $100 per barrel this morning, but later fell to $98.25 per barrel.

News of the discovery of oil reserves in developed countries overshadowed reports of Iranian strikes on tankers in the Strait of Hormuz.

BlackRock shares fell 6%. One of the world's largest managers is facing a cash withdrawal problem from its $26 billion private credit fund. It has limited investor withdrawals and can grant up to 5% of withdrawal requests, compared to 9.3% currently expected. The money is gone.

Blackrock, with $26 billion in assets, has begun restricting withdrawals. Over the past few days, the fund has seen write-offs on some instruments—issuers are going bankrupt.
Politicians and businessmen, including Trump, say everything is fine, don't worry, but despite withdrawal requests of 9.3%, only 5% of assets were withdrawn, and shares immediately responded with a 6% drop.

Another one has been knocked out of the market 🤡

👉 GD Culture Group was ranked 15th among those holding the most BTC. Yesterday, the board of directors authorized the sale of all 7,500 BTC from the treasury. $BTC

Vitalik Buterin bet $148,000 that the US will not confirm the existence of aliens until 2027 – a bet made amid Donald Trump's statements about the possible disclosure of data on UFOs and extraterrestrial life.

A CS2 sticker is worth more than Bitcoin: iBUYPOWER Katowice 2014 is valued at approximately $90,000, while BTC has fallen to $68,000. Over the past three years, the sticker's price has nearly tripled—in 2021, it was sold for $34,000.

Outflows from UK shares continue as investors become unsure about the health of the UK economy and tax policy.