Elon Musk’s Terafab could give a major boost to this corner of the chip sector
SpaceX could spend about $135 billion on waferfab equipment over the next five years, UBS said. Source：MarketWatch
Crypto exchange Kraken is trying to become a bank in Europe
Kraken's focus is on Lithuania as the jurisdiction to secure the license, according to a person familiar with the plans. Source：CoinDesk
Tesla’s stock could rise 20% thanks to the potential for a SpaceX merger, analyst says
Some on Wall Street see an increasing likelihood that Elon Musk’s two biggest companies will combine. Source：MarketWatch
Plot twist: Gen Z is buying houses after all
Despite soaring housing costs, younger buyers are finding a way in. Here’s how. Source：MarketWatch
Trump floats idea of Australia’s retirement system again. But what about Social Security?
The president said his administration was working on a plan based on the Austrialian system, days after the launch of “Trump accounts” for children.…
SpaceX IPO powers record $3.86 billion in tokenized equities trading in June
SpaceX tokens captured $1.19 billion, or 31% of total monthly volume, with Backpack’s SPCX leading trading at $1.08 billion. Source：CoinDesk
We’re spending $7,000 to attend 7 weddings this year — and that’s after cutting corners
Plus: How to decline a wedding invitation without feeling like a jerk Source：MarketWatch
SpaceX wins wild praise, with one analyst going so far as to predict a 400% stock surge
Wall Street is using colorful language as analysts cheer major upside potential for SpaceX’s stock. Source：MarketWatch
EDX Markets raises $76 million in funding round led by SBI Holdings
EDX’s model targets institutional clients by separating trading from custody through a central clearinghouse to minimize counterparty risk. Source：CoinDesk
Bitcoin nears cycle bottom as over half of supply is held at a loss, says K33
K33 said Bitcoin has historically bottomed within weeks of more than half of its circulating supply being held at a loss, with strong oneyear returns following…
Bitcoin, XRP draw Japanese firms as weak yen drives treasury diversification
SBI VC Trade says corporate demand for crypto is rising as a weak yen pushes firms to diversify reserves, part of a run that took its registered accounts past…
American workplaces are hostile to workers caring for aging family members. These companies are doing things differently.
Offices are about to be full of employees who have another job taking care of a loved one. Some companies are trying to adjust. Source：MarketWatch