Elon Musk’s SpaceX Plans $100 Billion Louisiana Spaceport
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Salesforce plans to invest $1 billion in Switzerland over the next five years.
On July 7, a statement revealed that Salesforce plans to invest $1 billion in Switzerland over the next five years. This investment will support the local workforce, customer base, and the development of artificial intelligence skills. (Jiemian)
US pre-market news at a glance: Samsung's earnings report triggered a collective weakness in semiconductor stocks in pre-market trading; SpaceX officially debuts on the Nasdaq 100 today.
According to BlockBeats, the following are key market news items before the US stock market opened on July 7th: 1. Samsung released its Q2 earnings forecast, showing an operating profit increase of over 1800% year-on-year, with single-quarter profits exceeding the total of the previous three years. Simultaneously, the company's revenue also increased by 129% year-on-year, reaching 171 trillion won. Affected by the semiconductor sell-off triggered by the "sell-off" of Samsung's earnings, chip-related technology stocks generally weakened in pre-market trading. The three major US stock futures indices showed mixed results in pre-market trading: Dow Jones futures rose 0.41%, Nasdaq 100 futures fell 0.9%, and S&P 500 futures fell 0.09%. 2. SpaceX officially debuted on the Nasdaq 100 before the US stock market opened today, with Wall Street institutions collectively bullish. Most institutions believe that SpaceX is no longer just a traditional aerospace company, but a platform company with the potential for rocket launches, Starlink satellite internet, AI infrastructure, and future space computing. 3. DeepSeek is secretly developing its own inference chip. If successful, this would reduce reliance on external suppliers and give it more cost-effective hardware control. However, the project is still in its early stages and faces manufacturing and memory acquisition restrictions due to US export controls. 4. UBS recommends investors buy SK Hynix's upcoming American Depositary Receipts (ADRs) and sell its South Korean shares, as these new shares are expected to trade at higher prices. 5. JPMorgan strategists say the recent weakness in semiconductor stocks should be seen as a buying opportunity, as the chip upcycle is not yet over, and truly meaningful new supply may not appear until 2028. 6. US ADP employment change for the week ending June 20 was 21,000, compared to 30,750 in the previous week. 7. BlackRock will launch an ETF tracking the tech-heavy Nasdaq 100 index, aiming to meet investors' growing demand for participation in the AI-driven stock market rally and challenge Invesco's dominant position. 8. Amazon is returning to the US bond market to raise funds for its artificial intelligence infrastructure. The company will issue eight benchmark bonds with maturities ranging from 3 to 40 years, raising at least $25 billion in the dollar bond offering. 9. Global brokerages have begun coverage research on Elon Musk's SpaceX (SPCX.O), and a preliminary consensus has formed on Wall Street: buy the stock. At least six brokerages, including Morgan Stanley, Goldman Sachs, and UBS, have given it a buy rating, optimistic about its long-term growth prospects, although doubts remain about profitability and valuation.
Before Musk could comment, SpaceX president donated 2 million shares, marking the largest corporate donation to the "Trump account."
According to Mars Finance, on July 6th, SpaceX President Gwyneth Shotwell announced on Monday that she and her husband will donate 2 million shares of SpaceX stock to the "Trump Account" program, one share each to over 2 million American children. Based on the current share price of approximately $160, this is worth about $320 million. This move comes just days after Trump publicly predicted that SpaceX would participate in the program. She stated that the donation will target children aged 11 to 17 from lower-income families, with a focus on recipients near her home in central Texas. Previously, Michael Dell and his wife pledged $6.25 billion, Micron Technology pledged $250 million, and BlackRock, Intel, JPMorgan Chase, and others pledged to match their donations at a rate of $1,000 each. Trump previously told CNBC that he expected Musk to also donate SpaceX stock, saying, "I think he will," but Musk has not yet publicly responded. Trump also said his relationship with Musk remained strong, describing the previous disagreements as "a minor friction."
Circle minted an additional 250 million USDC on the Solana chain, bringing its total minting this year to approximately 66.76 billion.
PANews reported on July 8th that, according to Onchain Lens, stablecoin issuer Circle has just minted an additional $250 million worth of USDC on the Solana blockchain. Data shows that Circle has minted approximately $66.76 billion worth of USDC on Solana so far this year.
Rebellions, a South Korean AI chip startup backed by Samsung Electronics, plans to IPO in South Korea next year.
According to reports, Sunghyun Park, CEO of Rebellions, a South Korean AI chip startup backed by Samsung Electronics, stated that the company plans to IPO in South Korea in the first or second quarter of next year. Park said that Rebellions has already begun generating actual revenue, "and for this reason, we are working with the underwriting teams at JPMorgan Chase and Samsung Securities to prepare for the IPO." (Jiemian)
Musk: SpaceX AI will release Grok 4.5 tomorrow.
According to Foresight News , Musk announced that SpaceX AI will release Grok 4.5 to the public tomorrow. It is an Opus-level model, but faster, more efficient, and cheaper.