space

SpaceX merged with Cursor effective August 14.

A giant whale placed a limit short sale order of approximately $203 million on the tokenized aerospace company SpaceX stock SPCX, with a price range of $141.93 to $142.9, betting on a price decline of the token.At the beginning of August, the two-day trading volume of SPCX on the tokenized trading platform Gate reached about $700 million, with a single-day transaction of $332 million on August 4, as the market traded around the 911.5 million shares that were unlocked on August 6. After the unlocking, SPCX rose by 6.1%, closing at $114.92.Documents from the U.S. Securities and Exchange Commission (SEC) show that Elon Musk holds a 48.4% beneficial interest in SpaceX, corresponding to over 6.4 billion shares, valued at over $900 billion at current prices; the related Class B shares give him over 82% of the total voting rights in SpaceX.

Documents from the U.S. Securities and Exchange Commission (SEC) show that as of June 30, Musk held 48.4% of SpaceX's passive shares.

Documents from the U.S. Securities and Exchange Commission (SEC) show that Vanguard Group reported holding 10.2 million Class A shares of SpaceX.

The U.S. Securities and Exchange Commission (SEC) documents show that Vanguard Capital Management reported holding 26.6 million Class A shares of SpaceX (SPCX.O).

Garrett Jin released this week's market report, characterizing the rebound in the South Korean market as a wide-ranging fluctuation rather than a new trend. SK Hynix rebounded continuously after retesting the 1.42 million won area, closing up 5.9% at 1,593,000 won. The KOSPI has risen 20% from the July low, entering a technical bull market, but foreign capital has not shifted to long-term holdings, and the drag from leveraged ETFs remains. Garrett Jin set the first profit-taking level at $1,150 (approximately 1.63 million won), with the next target at $1,300 (1.85 million won).Garrett Jin also noted that gold recorded its strongest weekly gain since January this week at +7.8%, priced at $4,388. The driving factors were a decrease of 23,000 in July non-farm payrolls and a moderate CPI that dampened September rate hike expectations. However, it is currently overbought in the short term, and a pullback could present an opportunity for incremental accumulation. Bitcoin has shown no response to the same macro-positive factors, remaining trapped between the support at $62,500 and resistance at $65,000-$70,000, with the bottom structure since $57,700 gradually being built. Garrett Jin will wait for the next buying opportunity after a pullback.Regarding SpaceX, Garrett Jin believes the recent performance is a classic case of "bad news fully priced in + short squeeze," with the unlocking itself becoming a washout rather than the starting point of a decline. However, the unlocking window has not yet ended, with an additional 319 million shares to be unlocked, approximately 700 million shares each in September and October. The current range up to $160 is a profit-taking zone rather than a high-entry zone.

According to Gate market data, SpaceX rose to an intraday high, with an increase of 8.5%.

According to official news, SpaceXAI has officially launched Grok 4.6. The official announcement states that Grok 4.6 focuses on enhancing the capabilities of long-running agents, as well as more complex interactive and visual work performance. It can continuously work on multi-step complex tasks, such as researching topics, analyzing information, collaborating across codebases, or transforming ideas into complete applications/work products.Grok 4.6 has reached the cutting edge in several agent coding and knowledge work benchmarks, with an Artificial Analysis Intelligence Index score on par with GPT-5.6 Sol.

According to CNBC, Norway's sovereign wealth fund, which has a scale of $2.34 trillion, recorded a profit of over $18.2 billion in the first half of the year, setting a historical high for the same period, with an investment return rate of 9.4%. Nicolai Tangen, CEO of Norges Bank Investment Management (NBIM), stated that the performance was mainly driven by the strong performance of the stock market, particularly the rise of Asian technology stocks.In the latest semi-annual report, the fund disclosed its holdings in SpaceX for the first time, with a stake of about 0.05%, valued at just over $1.2 billion as of June 30. In comparison, it holds about 1.3% of Nvidia shares, valued at $61.8 billion; and about 1.2% of Apple shares, valued at $52.7 billion. The sovereign wealth fund managed by NBIM was established in the 1990s and primarily invests the country's oil and gas revenues. Currently, the fund invests in over 7,000 companies across more than 50 countries globally, holding about 1.5% of shares in publicly listed companies worldwide. Stock assets account for more than two-thirds of its overall investment portfolio, with U.S. stocks making up about 40% of the total investment portfolio.

Documents from the U.S. Securities and Exchange Commission (SEC) show that Musk's close friend Gracia holds a passive stake of 6.5% in SpaceX (SPCX.O) as of June 30, 2026.

As of June 30, the Norwegian Sovereign Wealth Fund holds 0.05% of SpaceX shares, valued at $1.22 billion.

SPACEXAI announces the launch of the GROK robot.

According to Gate market data, SpaceX (SPCX.O) fell to an intraday low, with a decline of more than 5% during the day.

The U.S. Securities and Exchange Commission documents show that the Swiss National Bank held 1.5 million Class A shares of SpaceX (SPCX.O) as of June 30.

The Sun Wukong ecosystem will hold a deep roundtable discussion themed "When the Crypto World Fully Connects with Traditional Finance: Under the Melting Financial Boundaries, When Will the Native Crypto 'Bull Market' Reappear?" on August 11 at 8 PM at X Space.This event will focus on the era background of the accelerated integration of the crypto world and traditional finance, deeply exploring the structural changes brought by stablecoins reshaping global payment settlements and the acceleration of RWA and stock funds going on-chain. Invited industry KOLs will jointly analyze the profound impact of institutional funds and compliance channels on market game rules, as well as when and in what form the carnival bull market belonging to Web3 native cryptographers will reappear.

According to exclusive reports from CTech (Calcalist), Israeli AI startup Decart is in deep negotiations with an international tech giant for a sale, with a valuation of about $6 to $7 billion, and the deal could be signed next week. Founded in 2023, Decart focuses on the development of real-time video generation AI models, employing around 100 people, and has raised approximately $450 million to date. The company just completed a $300 million funding round in May, with a valuation of $4 billion. Initial negotiations were with NVIDIA, and as they were nearing an agreement, another giant intervened, prompting the founder to shift focus to the new buyer. Industry speculation suggests the new buyer could be SpaceX, but Amazon and Nebius are also reportedly interested in participating.Decart's technological advantage lies in its ability to generate videos at a cost far lower than its competitors. SpaceX founder Elon Musk has maintained regular contact with co-founder Dean Leitersdorf since experiencing the game Oasis developed based on Decart's technology in 2024. Sequoia Capital partner Shaun Maguire (who organized Musk's post-war trip to Israel) has been investing in the company since the seed round. If the buyer is SpaceX, it will establish its first R&D center in Israel. Previously, SpaceX had acquired AI programming startup Cursor for $60 billion after its IPO, and acquiring Decart would further strengthen its position in the AI infrastructure sector.

Research institution SemiAnalysis released an analysis stating that SpaceX is expected to build approximately 10GW of AI data center capacity by the end of 2027. If 50% of this is used for inference services, with annual revenue exceeding $10 billion per GW, the annualized revenue could reach $300 billion. SpaceX CEO Elon Musk stated in the first earnings report that a "conservative estimate" suggests an additional 6-8GW will be added in 2027, with the actual figure possibly exceeding 10GW.SemiAnalysis's inference simulator shows that when running on the GB300 cluster at current startup cloud prices (about $3/GPU hour), leading model companies like OpenAI and Anthropic could generate annual inference revenue exceeding $10 billion per GW, with annual costs around $12 billion. Microsoft, with full access to OpenAI models and without bearing training costs, can also capture revenue of the same scale. The analysis points out that Microsoft has signed contracts for 10GW of data centers (total value exceeding $300 billion) since 2026, with a 90-day cancellation clause, significantly reducing signing risks.Regarding SpaceX's construction progress, SemiAnalysis believes Musk will significantly shorten the construction cycle by using onsite gas power generation, bypassing large power transformers, parallel construction, and shortening the debugging process. The Southaven plant in Tennessee expanded from 27 turbines (approximately 495MW) in February to 69 turbines (1.7GW) in July, and the "MiniHard" project can be completed in about 5 months with 450-500MW. However, the 10GW target still faces multiple challenges such as land approvals, gas supply, and equipment delivery. This analysis is based on model simulations, and actual implementation still carries uncertainties.

According to The Information, Cursor informed employees that its sale to SpaceX could be completed as early as next week, with a transaction size of approximately $60 billion. After the deal is finalized, Cursor employees will be integrated into the SpaceXAI team.Meanwhile, the Cursor brand may no longer be used for some new products in the future, including an upcoming general agent product, which may be released under the name Grok Bot.

Cathie Wood's ARK Invest announced its trading records on August 7, purchasing 313,764 shares of Circle (CRCL) stock at a price of $66.67, with a total value of approximately $20.92 million; purchasing 114,815 shares of SpaceX (SPCX) stock at a price of $133.1, with a total value of approximately $15.28 million; purchasing 59,668 shares of Coinbase (COIN) stock at a price of $153.6, with a total value of approximately $9.16 million.