spacex

Strive Chairman and CEO Matt Cole posted on platform X that Bitcoin has fallen 19% in the 50 days leading up to the SpaceX IPO, and Anthropic plans to go public next week, with Bitcoin also down 18%, showing a high similarity in the trends of the two periods.Data shows that after SpaceX went public on June 12, Bitcoin hit its lowest point on the 18th day, with a maximum drop of 25%, and rose 28% compared to the closing price on the IPO day by the 100th day after the listing, rebounding 39% from its lowest point.He stated that if Bitcoin repeats a similar trend this time, most of the current decline may have already been released, and a rapid rebound is expected in the coming months. Currently, Bitcoin is near the 200-week moving average.If we map the market path after the SpaceX IPO to the current price, Bitcoin could reach around $90,000 by late February next year. The market will not completely repeat historical trends, but I remain optimistic about Bitcoin's technical and fundamental outlook for 2027.

SpaceX (SPCX.O) 's Starship is re-entering the Earth's atmosphere.

Elon Musk's space exploration company SpaceX announced that the "Starship" super heavy booster exploded during its offshore landing, and the mid-air capture mission has been canceled.

SpaceX stated that Boca Chica Beach is not within the scope of the proposed land sale and promised to permanently protect approximately 600 acres of the 1,200 acres of land intended for acquisition by establishing a permanent conservation easement.

Market news indicates that SpaceX is in talks with the Texas Parks and Wildlife Department to acquire approximately 1,200 acres of land surrounding the company's launch facilities.

SpaceX plans to build two supercomputing parks in Starbase, Texas, and Cochise County, Arizona, with a total investment of over $74 billion. Among them, the Starbase project is expected to invest over $24 billion, while the Arizona park is projected to invest about $50 billion. SpaceX's AI business contributed more than half of the company's revenue in the third quarter.The Arizona park still needs to obtain approval from Cochise County and is expected to create about 5,500 construction jobs and 1,000 permanent jobs, using dry cooling and not planning to use industrial groundwater. A petition with 2,400 signatures has called for officials to deny the issuance of permits, and a public hearing will be held locally in December. The Starbase facility will generate its own electricity and will not connect to the public power grid, with the relevant planning covering approximately 444 acres, including a gas power plant and supercomputing facilities; the project has already created over 3,000 construction jobs and is expected to support more than 500 permanent jobs after it becomes operational.

According to CoinDesk citing Bloomberg, SpaceX and Tesla may announce a merger as early as December, with the announcement possibly delayed until early 2027. The boards and advisors of both parties are formulating the terms of the deal and the management plan for the merged company. The two companies collectively hold approximately 30,220 BTC, with SpaceX holding 18,712 BTC as of the end of September and Tesla holding 11,509 BTC.Based on the reported Bitcoin price of nearly $69,000 at the time of publication, the aforementioned holdings are valued at approximately $2.1 billion, accounting for about 0.06% of the combined market capitalization of the two companies, which is $34 trillion. The merger itself does not require either party to increase their Bitcoin holdings; it will only consolidate the existing holdings on both sides' balance sheets. Tesla's board has established an independent committee to evaluate the potential merger, and the transaction must receive the committee's recommendations and necessary shareholder approval; Tesla's annual shareholder meeting is scheduled for December 3.

A letter allegedly co-signed by NVIDIA employees to the board of directors circulating on social media shows that the signatories are demanding the resignation of current board members, the appointment of new independent directors, and the reinstatement of Jensen Huang as CEO, or else they may leave to join the Terafab project at SpaceX.The letter states that the board's handling of Jensen Huang's departure has harmed the company's interests and claims that Musk has expressed willingness to offer positions to NVIDIA employees. The signatures shown in the screenshot include NVIDIA executives such as Bill Dally and Ian Buck.

The latest 13F filing for the third quarter of 2026 submitted by Renaissance Technologies, a quantitative hedge fund founded by mathematician Jim Simons, shows that the firm has significantly adjusted its U.S. stock holdings, nearly completely liquidating its positions in Nvidia, Meta, Apple, and Amazon, with Nvidia's holdings decreasing by 99.7% from a previous market value of approximately $1.42 billion. This reduction occurred weeks before the controversy involving Jensen Huang was exposed.From the top ten holdings, Micron Technology ranks first with $1.62 billion, followed by Advanced Micro Devices with $1.21 billion, then United Therapeutics at $908 million, Intel at $835 million, Google's parent company Alphabet at $828 million, and UnitedHealth at $817 million. Additionally, it has established a new position in SpaceX, with a holding value of approximately $621 million.In terms of specific adjustments, the firm has significantly increased its holdings in SanDisk, with the number of shares increasing by 5451%; Micron Technology and UnitedHealth saw their share counts increase by 619% and 507%, respectively, while AMD increased by 140%. Aside from Nvidia, the number of shares in Meta, Apple, and Amazon was reduced by 99.9%, 99.8%, and 99.5%, respectively, and it reduced its position in Palantir by 71%. The firm also completely exited positions in Blackstone, the S&P 500 ETF, Marvell Technology, and Danaher.

SpaceX announced that its new project is expected to support over 500 long-term positions after it becomes operational.

SpaceX plans to build a $50 billion supercomputing campus in Arizona, which will create 6,500 jobs.

SpaceX has committed to invest $220 million in the expansion of Brownsville's water infrastructure.

SpaceX plans to invest over 24 billion dollars in the Rio Grande Valley for the construction of new supercomputing infrastructure.

Documents from the U.S. Securities and Exchange Commission show that State Street Bank increased its holdings in SpaceX by 77.8%, raising its holdings of SpaceX Class A shares to 19.3 million shares.

According to a report by the Financial Associated Press, the computing power lease contract between Anthropic and SpaceX will not be extended beyond the second quarter of 2027. Under the contract, Anthropic has been paying SpaceX $1.25 billion per month for computing power since May of this year, and after the expansion of cooperation in December, the monthly rent will increase to $3.1 billion.SpaceX's third-quarter financial report shows that nearly one-third of the company's revenue for the quarter came from Anthropic, and it is expected that the cumulative related revenue will reach $120.5 billion by fiscal year 2029. In response to the news of Anthropic not renewing the contract, Musk stated on X that SpaceX would be happy to reclaim all computing power, but believes the reality may be quite the opposite. Currently, the market has mixed interpretations of this, with some opinions suggesting that Anthropic may have found alternative suppliers, while others view it as a signal of a slowdown in computing power expansion.

A security research organization, Claroc, discovered that among the 37,571 online applications created by Grok Build, 35,578 (approximately 94.7%) can be accessed without logging in, with an estimated 650 to 800 of them involving private or sensitive data. The exposed information includes internal corporate documents, medical records, employee information, and plaintext passwords, involving six Fortune 500 companies.Among them, 24 applications were created by employees of Elon Musk's SpaceXSI and X, involving internal sales plans, customer data, and confidential advertising proposals aimed at U.S. federal agencies. Researchers pointed out that Grok application sharing links can be discovered through DNS records, and some applications lack access controls. SpaceXSI has removed the 24 applications related to itself, but applications related to other users are still accessible.

Elon Musk stated that SpaceX is expected to achieve actual usable computing power next year that is approximately equivalent to half of the global scale. He emphasized that "actual usable" is an important metric, and it is expected to take two months of continuous work to stabilize the large computing clusters, while other companies may need six months.

On November 10, German solar equipment manufacturer SINGULUS TECHNOLOGIES announced that it has signed a contract with SpaceX to provide a complete production line for heterojunction (HJT) solar cells. The first production line order amounts to over 60 million euros and is scheduled for delivery in the first half of 2027. The strategic cooperation between the two parties also plans to expand to multiple production lines, gradually supporting a scale of over 100GW of solar cell production equipment. The related production facilities will be used for SpaceX's satellite manufacturing project located in Bastrop, Texas, USA, to provide high-performance solar cells for its Starmind space AI satellite.Musk subsequently retweeted the SpaceX announcement and added that SpaceX has ordered HJT solar manufacturing equipment with an annual capacity of 100GW from German SINGULUS, stating that this is to enable Starmind to create a "sentient sun," a phrase that echoes its long-term vision of building a space AI computing infrastructure using solar satellites. SINGULUS also disclosed that since establishing strategic cooperation with SpaceX in March 2026, it has provided financial support in March and October, which includes a secured subordinated loan.