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Paying off your mortgage used to be something people aspired to. Now, many Americans fantasize about simply getting one.
The National ***** ociation of Realtors said Thursday that US home sales fell 2% month-over-month in August to a 14-month low. The seasonally adjusted annual rate of 3.98 million residences, the lowest since June 2025, was weighed down by stubbornly high mortgage rates and home prices.
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READ ALSO: Musk's Boring Company Scores $23 Billion Valuation Despite Slow Progress and Brian Niccol's Two-Year Turnaround Serves Up Sales Growth for Starbucks

#month #sign #sales #paying

Elon Musk has slammed director Alex Gibney as a "bitter old man" with "zero integrity" after the release of Gibney's four-hour documentary about the tech mogul.
The documentary, ***** led "Musk," was billed as a "definitive and unvarnished examination" of the ***** eX boss. However, he fired back, calling it a "hit piece that misses."
Musk had already been pulled into a social media drama after his former partner, Ashley St. Clair, claimed she turned down a $40 million offer from his team in exchange for not participating in the documentary.
The outspoken billionaire launched a furious public tirade against Alex Gibney following the premiere of "Musk," an unflinching four-hour documentary examining his life, power, and global political influence at the Venice Film Festival.
Taking to X (formerly Twitter), the platform he acquired for $44 billion in 2022, the tech billionaire dismissed the documentary. He also attacked the director's personal and professional credibility, calling him a "bitter old man" who has "zero integrity."

#alex #gibney #hour

Tyler Perry has brought Elon Musk and Alec Baldwin's high-profile lawyer to his defense team in the ***** ual ***** ault lawsuit. Perry's lawyer is a former attorney who has also represented other notable figures such as Jay-Z, Eric Adams, and Bobby Shmurda.
Alex Spiro has officially joined Tyler Perry's defense team in the ongoing ***** ual ***** ault/battery lawsuit, reports My News LA. Spiro is a member of the law firm of Quinn Emanuel Urquhart & Sullivan LLP but works in the New York office.
The Los Angeles Superior Court Judge Brock T. Hammond approved Spiro's application, on Wednesday, to participate in the complaint brought against Perry and Lionsgate by actor Mario Rodriguez.
Last year, Mario Rodriguez, who appeared alongside Tyler Perry in 2016's Boo! A Madea Halloween filed a $77 million ***** ual lawsuit against him.
The lawsuit was filed in California and accused Perry of "unwanted ***** ual advances" across multiple years. It claimed instances of ***** ual battery and ***** ault at Perry's home in Los Angeles. The lawsuit also claimed that Lionsgate studio didn't do anything and ignored his complaints.

#perry #spiro #angeles

Harry Potter is a magical series with countless fans, and every installment has won over both audiences and critics. However, a recent comment from The Matrix creator Lilly Wachowski could upset fans, as she suggested that fans of the Harry Potter movies written by J.K. Rowling are part of a bigger problem.
Recently, The Matrix creator Lilly Wachowski spoke with Variety about her new studio, and during the interview, she criticized J.K. Rowling over the new HBO Harry Potter series.
Wachowski said, "She is funding trans genocide. J.K. Rowling funds trans genocide, full stop. So, if you support "Harry Potter," you're supporting trans genocide."
"The money that goes into you enjoying these products, a portion of that money goes to J.K. Rowling and that money goes into her funding anti-trans legislation all over the world." She added
During the interview, Lily Wachowski did not hold back while criticizing J.K. Rowling. Before calling her fans part of a bigger problem, the Cloud Atlas star also called the British author a ***** and compared her to Elon Musk, though not in a positive way.

#rowling

Vivian Wilson's newest co-star is a humanoid robot, and she spends much of their time together finding increasingly strange jobs for it to do.
The 22-year-old model fronts Desigual's Fall 2026 "Born to Disobey" campaign alongside DESI84, a robotic **** istant that struggles once Wilson pushes it beyond its programming. She walks it on a leash, uses it as a golf tee and repeatedly tries to teach it how to **** ounce Desigual before ending the film with the line, "Some things aren't meant to be fixed."
Wilson's criticism of artificial intelligence goes beyond the joke. She told PEOPLE that AI is taking work from creative professionals while creating environmental costs, and she argued that AI generated art lacks the human emotion and intention behind creative work.
Her casting has also prompted comparisons with her estranged father, Elon Musk, whose companies include artificial intelligence venture xAI and Tesla, which is developing the Optimus humanoid robot. TMZ interpreted the campaign as a shot at Musk, but Wilson and Desigual have not said DESI84 represents him or Optimus.
Wilson said concerns about employment were among the reasons she wanted to speak about artificial intelligence through the campaign.

#campaign #artificial #desigual #musk

Vivian Jenna Wilson is taking aim at artificial intelligence – and seemingly her billionaire father – in a new fashion campaign with Desigual.
Wilson, the estranged daughter of Elon Musk, stars in the fashion brand's fall 2026 "Born to Disobey" campaign, which features a malfunctioning robot, an apparent dig at Musk's humanoid robot called Optimus.
In the campaign video⁠, the 22-year-old model is paired with DESI84, a humanoid robot that she says was "designed to obey" and ***** ist with everyday tasks. Wilson instead puts the machine through a series of unconventional tests, including walking it like a dog and using it as a golf tee.
Elon Musk's estranged daughter takes to X rival Threads to call him a liar, adulterer
The robot also struggles to ***** ounce the Spanish fashion brand's name correctly before repeatedly banging its head against a wall. Wilson ultimately concludes, "Some things aren't meant to be fixed."

#robot #elon

HIVE Digital Technologies, a Canada-based Bitcoin miner and data center operator that trades on the Nasdaq and Toronto Stock Exchange, has appointed Mark Volk as Senior Vice President of Revenue at BUZZ HPC, its wholly owned AI cloud and high-performance computing subsidiary.
Volk's mandate is to build BUZZ HPC's revenue engine and scale it globally. He will lead the company's go-to-market strategy across enterprise, government, sovereign AI, hyperscale, research and academic markets, overseeing commercialization of its GPU-powered infrastructure, including sovereign AI cloud, GPU-as-a-Service, colocation and hybrid AI solutions.
Related: Elon Musk warns 'if the ship of America sinks, we all sink with it'
Volk brings roughly 30 years of experience across AI, high-performance computing, cloud and enterprise infrastructure.
He is not a new face internally, he has worked with HIVE as a consultant for approximately nine months, during which he helped build BUZZ HPC's current GPU cloud demand pipeline.

#buzz #volk #performance #across

Justine Wilson claims Elon Musk referred to the mothers of his 14 children as "breeders" in a new documentary
Wilson, Musk's first wife, claims he taught her the term "gaslighting" and called himself the "alpha" in their relationship
Musk and his legal team have criticized the documentary, calling it biased and threatening legal action against its creators
Elon Musk's ex-wife Justine Wilson opened up about her experience during their relationship.
In Alex Gibney's new documentary Musk, which is set to be released on Oct. 16, Wilson claimed that the Tesla founder, 55, referred to the mothers of his 14 children as "breeders." Wilson, who was married to Musk from 2000 to 2008 and welcomed six children with him, said that for the tech mogul, "the breeders are interchangeable."

#breeders #claims #mothers

Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below.
Investor Ross Gerber on Monday advised Tesla Inc. owners to refrain from participating in the EV giant's Airbnb Inc.-like Robotaxi service rollout amid the Cybercab launch.
In a series of posts on the social media platform X on Monday, the Gerber Kawasaki co-founder shared his view on CEO Elon Musk's vision about the Cybercab being a crossover between Airbnb and Uber Technologies Inc.. "So tesla sells the cybercab to other "fleet managers" and takes a cut of the revenue for managing the system plus the sale price," the investor said in his post.
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#gerber #finance

On June 12, Elon Musk's ****** e Exploration Technologies (SpaceX) (NASDAQ:SPCX) burst onto the scene with the largest initial public offering (IPO) in Wall Street's storied history. ****** eX priced its shares at $135, giving the company an initial valuation of $1.77 trillion, and raised a record $85.7 billion from its IPO, including the underwriters' overallotment.
Nearly three months later, ****** eX is set to make history yet again -- albeit the dubious kind.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
Image source: Getty Images.
When private companies go public, they announce a lockup period that prevents their insiders, consisting of high-ranking executives, board members, and early investors, from selling shares shortly after the IPO and capitalizing on IPO/retail investor buzz. Commonly, insiders are prohibited from selling their shares for the first 180 calendar days after the IPO.

#SpaceX #flashing #first

Moneywise and Yahoo Finance LLC may earn commission or revenue through links in the content below.
For most of human history, the population pyramid looked exactly as its name suggests: a wide base of young people supporting a much smaller group at the top.
Now, that pyramid is beginning to flip — and Elon Musk is sounding the alarm.
Jeff Bezos backs a platform that lets anyone invest in rental homes for as little as $100 — 6 ways to build wealth like a landlord without actually being one
A record 45% of central banks plan to grow gold reserves — and many investors are following suit. Get your free gold IRA guide from Priority Gold

#pyramid #musk

Elon Musk's first wife, Justine Musk, says he declared himself the "alpha" in their marriage while they were still on the dance floor at their wedding.
Justine revisits their relationship in Alex Gibney's new documentary Musk, describing a marriage in which she says Elon repeatedly criticized her and treated her more like an employee than a partner. "I learned the term 'gaslighting' through my relationship with Elon," she said, according to PEOPLE.
She said he made her feel "insignificant" and was "constantly remarking on the ways he found me lacking." Justine also recalled their first dance after marrying in 2000, when she says Elon told her, "I am the alpha in this relationship."
The nearly four-hour documentary premiered at the Venice Film Festival on September 8. Elon did not participate in the film despite Gibney's efforts to interview him. Gibney told The **** ociated Press that he initially approached the project as an admirer and hoped Musk would agree to sit down with him.
Justine said the imbalance in their marriage went beyond the "alpha" comment. In the documentary, she describes Elon talking down to her and repeatedly pointing out ways he believed she fell short.

#alpha #relationship #documentary #dance

Elon Musk's first wife, Justine, says the tech ******* an had a tumultuous relationship with his daughter Vivian, who is transgender.
In Alex Gibney's new documentary, Musk, she recalled what it was like to be married to the world's first trillionaire, who is also the father of her six kids, twins Vivian and Griffin, triplets Saxon, Kai and Damian, and their late son, Nevada. Justine noted that Musk cut off Vivian's health insurance when she came out as trans and said he "never tried to repair things" with her. "It's not in his nature," she said, per People.
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Elon Musk's Ex-Wife Justine Reveals The Chilling Thing He Told Her At Their Wedding To Make Her Feel 'Insignificant'
However, Justine alleged that Musk told her to tell Vivian that "I'll always love her."

#justine #alex

SpaceEx (SPCX) stock is on the move Thursday as investors sort through a number of headlines affecting the rocket-and-satellite company.
The most consequential came from The Information, which reported that ******* eX and CEO Elon Musk are overhauling how the company builds its data centers, a shift that could slow the pace of new construction.
According to the report, a new management team from the company's rocket division is prioritizing reliability over speed, installing more backup power and cooling systems, and testing data centers more thoroughly before they go live.
The change is a departure from what Musk and xAI (now part of ******* eX) used to build at its Colossus campus in Tennessee, where the AI unit brought its first data center online in just 122 days, a timeline Nvidia (NVDA) CEO Jensen Huang called "superhuman."
But that speed came with trade-offs like frequent outages, including a construction-related outage at the Memphis facility last week that knocked some Grok models offline and affected compute customers like Anthropic (ANTH.PVT) and Google (GOOG, GOOGL), The Information said.

#rocket

Elon Musk's **** eX (NASDAQ:SPCX) blasted onto public markets on June 12 in the biggest IPO in history, raising $75 billion and triggering plenty of FOMO — fear of missing out — among investors.
Now Wall Street is turning bullish again. But the story has changed: It's increasingly less about rockets and **** e exploration and more about artificial intelligence.
Jeff Bezos backs a platform that lets anyone invest in rental homes for as little as $100 — 6 ways to build wealth like a landlord without actually being one
Dave Ramsey warns nearly 50% of Americans are making 1 big Social Security mistake. Here's what it is and 3 simple steps to fix it ASAP
The tax breaks in Trump's 'big beautiful bill' expire after 2028. Here are 4 moves to make before the window closes

#bezos

Elon Musk's estranged eldest daughter Vivian Wilson is front and centre in a bold anti-AI campaign for Spanish fashion label Desigual.
The campaign, helmed by directing trio PSG (made up of Yukihiro 'Sho' Shoda, Pau López and Gerardo del Hierro - formerly known as TURBO), sees the transgender model, acitvist and social media personality take a stand against artificial intelligence.
Illustrating the campaign's ****** le, 'Born to Disobey', one clip sees the 22-year-old using a robot as a golf tee, walking it like a dog on a leash, and trying to teach it to say "Desigual". Throughout, the robot malfunctions, leading Vivian to the conclusion: "Some things aren't meant to be fixed."
Per a press release, the campaign aims to "send a clear message: the greatest rebellion is no longer about fighting against the system but about refusing to be part of it. When everything invites you to obey, the answer is attitude, irony and the freedom to be yourself."
Wilson told People that it was important to her to take a stance on the impact of AI on the fashion industry "because it takes jobs away from talented creatives while being detrimental for the environment."

#wilson

SpaceX must pull off rocket reusability if the company is to reach a stratospheric market valuation in the not-too-distant future.
"A successful investment case in ****** eX at the current $2 trillion enterprise value rests almost entirely on a single admittedly massive engineering bottleneck: Starship reusability (i.e. 20-50 flights per Starship with relatively inexpensive and quick refurbishment/redeployment)," Pivotal Research Group ****** yst Jeffrey Wlodarczak wrote in a note on Tuesday. "If Elon Musk can solve for this fundamental issue it potentially drives down the cost of launches to ****** e to the equivalent of terrestrial freight opening up an unarguably massive opportunity."
Wlodarczak initiated coverage of ****** eX with a Buy rating and $220 price target.
That massive opportunity, Wlodarczak said, includes Starlink taking a material share of the wireless industry and serving as a ****** e monopoly, with others having to pay ****** eX for entry.
"In the end, investors are debating xAI, Colossus, and Starlink take-rates," Wlodarczak added. "Those matter only after Starship works. Our $220 target is a call on reuse 20–50 flights per vehicle, cheap refurb, fast turnaround. If that is solved, the rest of the model can happen. If it is not, SPCX is a different and much smaller company."

#SpaceX

Genius, madman, salesman: Elon Musk is the subject of a nearly four-hour documentary at Venice that seeks to unmask the billionaire provocateur with outsized global influence in business, politics and even outer ****** e.
"Musk," premiering Tuesday at the Venice Film Festival, seeks to reframe the story of the world's richest man whose stated ambitions include colonising Mars, transitioning the planet to sustainable energy and protecting free speech, laying bare the "unreality of his narrative," Oscar-winning documentarian Alex Gibney said.
"I wanted to understand what game he is playing," says director Gibney at the start of the film about the man long considered a rule-breaking genius whose erratic behaviour and shift to right-wing politics has alienated -- and confused -- many.
Gibney said Musk's story was "oddly familiar" to him, having treated other larger-than-life characters in past films, from the executives behind the Enron scandal to former Theranos boss Elizabeth Holmes.
"His story is the story of an old wine and a new bottle. His story turns out to be the story of the confidence man, the stock pumper," said Gibney, adding that much of what Musk says "has an air of unreality around it".

#film #Politics

When a subject has been as exhaustively covered — and as infamous — as Elon Musk, the electric-car-entrepreneur-turned-rocket-man-turned-richest-billionaire-in-the-universe-turned-Twitter-disruptor-turned-DOGE-destroyer-turned-God-only-knows-what-he'll-do-next, reviews of a documentary about him tend to lead by plucking out the film's incendiary bits of investigative reportage, the ones that feel worthy of a news headline. "Musk," Alex Gibney's 3-hour-and-45-minute documentary about the tech bro who would be king, has a handful of those.
The biggest revelation, to me, was the film's detailed history of Musk's attempt to put a self-driving car on the market — a technology that's sure to be here at some point, though Musk, in his race to be first, was far too eager to announce that it had already happened. Tesla released its Autopilot driver-assist system in 2015 (and then the Full Self-Driving Beta program in 2020), marketing the new technology with ads that exaggerated the car's powers. And so people were suckered. From the outset, there were accidents. More than 60 fatalities have been linked to Tesla's driver-assistance systems. Talk about something that could put a dent in your image! But Musk, for the most part, succeeded in hushing up the lawsuits, the federal investigations, and the fatal crashes, which were evidence of a recklessness that should have given the whole world pause.
More from Variety
Elon Musk's Ex Ashley St. Clair on Rejecting a $40 Million NDA and Participating in 'Musk' Doc: 'I Hope the Risk in Trying to Fight Back Helps a Little Bit'
Elon Musk Documentary Teaser Asks If Billionaire Is the 'Greatest Living Inventor' or a 'Fascist' Who 'Has Lost His Mind'

#twitter

CNBC reported that OpenAI said it will end model access through Cursor on November 12, following **** e Exploration Technologies Corp. (NASDAQ:SPCX) $60 billion all-stock acquisition of Cursor's parent company, Anysphere, which closed on August 14.
OpenAI said it "cannot be confident that **** eX will use our technology within our terms of service, based on our experience with Elon Musk's companies violating contracts," pointing to disputes involving X and xAI, including Musk's own courtroom admission that xAI had trained on OpenAI's output. Cursor CEO Michael Truell said on X that OpenAI models handle about 5% of Cursor's user traffic and that the two companies are discussing the decision.
Musk responded on X, calling OpenAI's leadership "utterly untrustworthy." Anthropic co-founder Tom Brown said his company will instead increase compute to support Claude in Cursor.
The actual business disruption looks limited based on the numbers involved. Cursor's own CEO said OpenAI models account for only about 5% of user traffic. It means the vast majority of Cursor's usage already runs on other model providers, limiting how much this cutoff changes the product most users experience.
Cursor can reduce its dependence on OpenAI as **** e Exploration Technologies Corp. (NASDAQ:SPCX) expands its AI ecosystem. Losing access to OpenAI models could push Cursor to deepen its relationships with Anthropic and other providers, while **** eX can use its growing AI infrastructure to support the coding platform. That diversification could give Cursor more control over its model supply and reduce its exposure to decisions made by a direct competitor.

#space

NASA Administrator Jared Isaacman's support for Elon Musk's idea to put AI data centers in **** e and power them with solar panels did not occur in a vacuum. It comes not just against a background of rising, bipartisan opposition to ground-based data centers but also the recent announcement of an immense, **** eX Starbase to be built in Louisiana.
Many people oppose data centers out of the same kind of "NIMBY" emotion that fueled opposition to nuclear power plants and hydraulic fracking. They view them as big, noisy eyesores that will consume a lot of electricity and water to the detriment of local communities.
Opposition to ground-based AI data centers is not universal. Trade unions, which foresee lots of jobs being created in their construction and operation, are warmly supporting them. On the other hand, if Meta's experiments with using robots at data centers pans out, those jobs may be fewer than many expect.
The reason that many people are opposed to AI data centers in their communities may have less to do with objective facts than a Chinese disinformation campaign to turn them against such facilities. Engadget reports that X uncovered a Chinese bot farm with 200,000 accounts, 200 of which were used to manipulate the debate about data centers.
It should be noted that the Chinese are going pedal to the metal to create their own data centers. As a totalitarian country, China is not concerned with public opinion one way or the other. Beijing is determined to dominate AI according to its ideology and interests.

#centers #opposition #people #communities

Bloomberg reported that Elon Musk said ****** e Exploration Technologies Corp. (NASDAQ:SPCX) first AI satellites, powered exclusively by NVIDIA Corporation (NASDAQ:NVDA) chips, will launch in the fourth quarter of 2027 and reach "significant scale" in 2028, citing a post on X. Musk wrote "SpaceX, in partnership with Nvidia, has designed a ****** e-optimized Vera Rubin NVL72 system for launch to orbit in Q4 next year," describing the satellite data center as "significantly simpler, lower cost, denser, and lighter than a traditional rack."
The timeline has moved up twice since ****** eX's May IPO prospectus, which targeted "as early as 2028," and Musk's August 4 earnings call comments, which said launches would begin "next year." ****** eX COO Gwynne Shotwell told CNBC ahead of the IPO that the firm has already struck deals with Anthropic and Google to rent out orbital compute capacity.
The timeline is moving earlier, not later, which is unusual for a ****** e infrastructure project. ****** e Exploration Technologies Corp. (NASDAQ:SPCX) pulled its target forward from as early as 2028 in its IPO prospectus to a specific Q4 2027 date within a few months. The acceleration shows ****** eX believes development is progressing faster than previously expected and could bring orbital computing revenue online sooner than investors initially anticipated.
Real customers have already committed before ****** eX launches a single satellite. ****** eX President Gwynne Shotwell told CNBC that the company has struck deals with Anthropic and Google to rent orbital compute capacity. It shows that major AI companies already see potential value in the technology. Those early commitments could reduce demand risk if ****** eX delivers the planned capacity.
Wall Street sees a large long-term opportunity if the technology works as described. JPMorgan ****** yst Doug Anmuth projected ****** eX could pursue roughly 75 gigawatts of orbital compute by the end of 2031 at a significantly cheaper cost than could be done on Earth a scale that would make this a meaningful new revenue stream beyond ****** eX's existing launch and Starlink businesses.

#SpaceX #NASDAQ #already #compute

Space Exploration Technologies (NASDAQ: SPCX), commonly referred to as ****** eX, got an initial share price bounce when it IPO'd due to enthusiasm about what it might do over the years to come -- such as building orbital data centers. It's also an Elon Musk company, which draws a lot of interest. (Tesla has averaged annual gains of 39% over the past decade.)
You might be wondering whether you should buy shares yourself or just forget about it.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
I myself am forgetting about it, but every investor is different, so it's worth learning more and making your own decision. Here are some considerations.
Here are reasons for buying:

#NVIDIA #here

Space Exploration Technologies (NASDAQ: SPCX), known as ******* eX, is ready to explore the cosmos. At least that's what CEO Elon Musk wants investors to understand.
"The mission is to make life multiplanetary, to extend consciousness beyond Earth and understand the universe," Musk explained in August. "For me, being a ******* efaring civilization is the most interesting thing we could possibly do for the future."
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
Here's the catch: ******* eX won't be establishing a multiplanetary civilization anytime soon. Before it pursues those goals in earnest, it will need to execute on two key growth pillars that will grant ******* eX the funding and mandate to move beyond Earth and its immediate surroundings.
SpaceX's revenue nearly doubled year over year last quarter, surprising ******* ysts. The company, however, still posted a net loss of $541 million. The company's only segment to generate an operating profit was its Starlink satellite network.

#musk #flashing #multiplanetary

SpaceX (SPCX) has just delivered a fresh shock to Howmet Aerospace (HWM), putting one of the company's most closely watched growth opportunities under the spotlight. Shares of Howmet plunged 7.5% after CEO Elon Musk revealed that ******* eX plans to bring the casting of natural-gas turbine blades and vanes in-house, arguing that the move could accelerate the deployment of new turbines by as much as 18 months.
The announcement is particularly significant because Howmet has built a powerful position in the highly specialized turbine-blade market. The company reportedly holds more than 50% of the global market for industrial gas-turbine blades, while its gas-turbine revenue surged 38% in the latest quarter. The business has benefited from a surge in demand as artificial intelligence (AI) data centers require enormous amounts of electricity and utilities race to expand power-generation capacity.
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#blades #spcx #shares

The 29 richest people on earth control 27% of all billionaire wealth, a share that has nearly quadrupled since 2017.
AI-driven equity gains fueled the surge, with Elon Musk briefly becoming the world's first trillionaire after **** eX went public.
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Altrata's Billionaire Census 2026 delivers a single figure that reframes how concentrated the top of the global wealth pyramid has become. The planet's 29 richest people, who make up 0.7% of the billionaire population, held a combined net worth of $4.1tn in 2025, or 27% of all billionaire wealth. The report calls this group the "superbillionaires," and the share they command has moved sharply in a very short window.
The threshold for superbillionaire status is a personal fortune in excess of $50bn. That is a net worth cutoff, not income, and Altrata's figures reflect the estimated value of an individual's total **** et base as of the 2025 data year. The combined wealth of the 29 implies an average fortune in the region of $140bn, though the report notes the distribution inside the tier is far from uniform.

#people #Share

Nearly all the major crypto-linked stocks surged on Sep. 3 following the rebound in the crypto market.
The Coinbase Global (Nasdaq: COIN) stock surged more than 10% to trade above $193. The largest crypto trading exchange in the United States, Coinbase launched derivative contracts in Canada on Sep. 2.
Related: Coinbase taps Musk ally to board of directors
The Circle Internet Group (NYSE: CRCL) stock also surged more than 15% to trade above $102 today. The crypto giant, well-known for the USDC stablecoin, last week announced a partnership deal with Chelsea FC.
The shares of Strategy (Nasdaq: MSTR), formerly MicroStrategy, rallied nearly 15% to trade above $141. The company disclosed earlier this week that it finally bought Bitcoin after two months.

#Coinbase

In its S-1 filing for its IPO, Elon Musk's ******* eX (SPCX) had earmarked a market opportunity of $28 trillion. Out of this, the company, most popularly known for its rockets and Starlink broadband services, attributed more than 90% of this opportunity to AI. Some skeptics raised concerns; however, there was no stopping Musk as the company's data center buildout continues in full swing, and compute deals with the likes of Alphabet's (GOOGL) (GOOG) Google and Anthropic give ******* eX the much-needed AI street cred.
Yet, when Musk is involved, nothing is as smooth as it seems.
Nvidia CEO Jensen Huang Says His $3.5 Billion MediaTek Deal Is 'Not Circular' Because 'They Do Their Own Business'
Strategy's Strategy Appears to Have Failed, and the Outlook of MSTR Stock Is Unfavorable
A Potential ******* eX Deal Could Meaningfully Accelerate Growth for Technip Stock

#deal #Stock #goog

On Aug. 30, Elon Musk tweeted that ***** eX (SPCX) will start casting its own gas turbine blades and vanes at a foundry in Texas. And when the richest man in the world makes a statement, the world takes notice. The market worried about the impact this could have on Howmet Aerospace (HWM), and its stock fell roughly 8% in a single trading session. The blades Musk wrote about sit in the hottest part of a turbine, and they are one of the main bottlenecks slowing down new power plants. Musk said building them in-house could bring turbines online up to 18 months sooner, feeding the power needs of ***** eX's AI data centers. Investors heard "new competitor" and sold. In my opinion, that may have been an overreaction.
The only reason ***** eX has to build its own foundry is that Howmet and the firms like it are sold out. Just four companies in the world cast these blades at scale, and together they control around 70% to 80% of the market. So several ***** ysts read the news as a sign of strength. Bernstein, which had lifted its price target to $328 just days earlier, called the selloff a buying opportunity. Citi and Jefferies pushed back too.
Nvidia CEO Jensen Huang Says His $3.5 Billion MediaTek Deal Is 'Not Circular' Because 'They Do Their Own Business'
Strategy's Strategy Appears to Have Failed, and the Outlook of MSTR Stock Is Unfavorable
A Potential ***** eX Deal Could Meaningfully Accelerate Growth for Technip Stock

#deal

Technip Energies (THNPY) stock has declined by 22.5% in the last 52 weeks, with the Middle East conflict a key negative catalyst. As a result of this correction, Technip stock trades at an attractive forward price-earnings ratio of 18.
While geopolitical tensions in the Middle East persist, there are emerging catalysts for Technip. It was recently reported that Technip is a contender for a potential $10 billion rocket fuel deal with **** eX (SPCX). With the first Starship launch targeted for 2029, Elon Musk has been pushing for rapid construction, and a potential deal for Technip would imply healthy revenue growth over the next 36 months. It's therefore not surprising that this news translated into a sharp rally for THNPY stock.
Fears of an Extended US-Iran Conflict Boost Crude Oil Prices
Nat-Gas Prices Rise on Hotter US Weather and Expectations of Smaller Storage
Crude Oil Prices Supported by Escalation of US-Iran Hostilities

#prices #Iran #conflict