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Today · 2026-08-06 · Thu

ARK analysis points to a shift in the focus of SpaceX business to artificial intelligence

ARK analysis indicates that SpaceX shifts the focus of its operations from space to artificial intelligence and uses the advantages of industry-wide chain integration to reduce the operating costs of space launch and data centres. SpaceX acquired XAI, the Grok Large Model and two data centres, indicating to investors that more than 90 per cent of future market growth space is generated by artificial intelligence. SpaceX autonomously controls rocket launch, computing data centres and the full chain of artificial intelligence and rents computing power to companies such as Anthropic, Google, Reflection AI. ARK has calculated that the cost of space launch can be reduced to within $100 per kilogram after the scale operation, that the cost of construction of an on-orbit space data centre is 25 per cent lower than on the ground and that the cost of energy is close to zero。

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SpaceX, AMD and Palantir: overestimated Technology Unit

Yahoo Finance reported that the three companies SpaceX, AMD and Palantir Technologies were considered overvalued in the market. Although SpaceX had recently been listed, its valuation did not reflect its current performance. According to IPO, SpaceX is expected to achieve $18.7 billion in revenue by 2025, but still reports negative net revenue, valued at 92 times the sales. AMD stock prices rose by about 150 per cent in 2026, but their market growth in the data centre was far less than that of its competitors, NVIDIA. Palantir ' s operations have grown by 85 per cent over the past quarter, but growth is expected to drop to 45 per cent next year, with a forward-looking, 90-fold gain also considered too high. Analysts suggested that investors consider more valuable alternatives。

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THE ULTRASOUND CURRENCY OF THE TAIFENG HAS BEEN BROKEN BY L2 AND REMAINS TO BE VERIFIED

THE SUCCESS OF THE L2 NETWORK HAS SOLVED THE PROBLEM OF THE EXPANSION OF THE ETHER WORKSHOP, BUT HAS ALSO LED TO THE COLLAPSE OF THE ULTRASOUND CURRENCY CONCEPT OF THE ETHER WORKSHOP. ETH SUPPLY BEGAN TO PICK UP AS ACTIVITIES SHIFTED TO L2 WHEN THE ETH PLANT USED TO BURN ETH FOR EACH TRADE AND REDUCE SUPPLY. DESPITE A REDUCTION OF ABOUT 90 PER CENT IN THE DISTRIBUTION OF THE UTENSILS AFTER THE MERGER, ETH INFLATION RE-EMERGED DUE TO THE LOW COST OF L2. THE ANALYSIS NOTED THAT, DESPITE THE TECHNOLOGICAL SUCCESS OF THE ETHER WORKSHOP, ITS ECONOMIC NARRATIVES WERE CHALLENGED。

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Jeff Yan: The biggest problem with encryption is the inability to attract high-quality entrepreneurial talent

On 19 July, Jeff Yan, co-founder of Hyperliquid, stated in an interview with VALR podcasts that one of the pertinent criticisms currently faced in the field of encryption and financial technology was the failure to attract enough of the top entrepreneurship. In his view, under the pressure of AI and the pursuit of social prestige, the brightest young people often did not know what they were doing to achieve the greatest impact, resulting in very few people choosing to join the field. Jeff Yan stated that it was an extraordinary thing to completely re-establish financial engineering and transform the academic concept into a scalable market design, based on the principle of first play. He called on the younger generation not only to look at the apparent value of things, but to see the real challenges facing the world and to participate in this incredible chain of financial revival。

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Coinbase CEO: Self-hosting is the only way to reach over 1 billion users with encryption

Coinbase CEO Brian Armstrong stated that self-hosted wallets were the only way to allow open financial systems to reach more than 1 billion users. He noted that alternatives such as Coinbase app had worked well in more well-regulated developed countries, but that the United States only had 4 per cent of the global population. Armstrong believes that self-custody can reduce account opening friction, be available on a global scale and be expanded in a software manner rather than creating regulated entities and local teams in each country. He also mentioned that AI agents were more suitable for accessing funds and fulfilling mandates in the form of self-custody, which was also important for economic freedom, even in developed countries. In addition, Jesse Pollak, the former head of Base, announced his resignation and handed him over to Jordan Fish, who indicated that Base would be built as a global financial block chain and that after Cobie took over, Base would shift to the three core directions of transaction, payment and agency。

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Cobie: Coinbase has long distanced from encrypted original users

On 19 July, KOL Rune asked Cobie, the head of the Coinbase trade product, how Base App planned to attract chain users after the trust in the Base ecosystem had been damaged. Cobie replied that he had just taken over Base App and Coinbase trading products a few days ago, but was not responsible for the Base network. He stated that Coinbase had long been distant from the encrypted original users and that Coinbase and Base had seriously eroded user trust through a series of avoidable errors, including today ' s event. Cobie added that he planned to listen more closely to the users of the chain and to construct the products they really wanted to use。

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SpaceX is negotiating billions of dollars in defense contracts with the Pentagon

SpaceX is negotiating a multi-billion-dollar defence contract with the Pentagon, which could help to validate its huge investment in artificial intelligence (AI). According to the Wall Street Journal, the terms of the agreement have not yet been confirmed by the Pentagon or SpaceX, but the Ministry of Defence will be able to use SpaceX ' s data centre to run the AI model if this is achieved. This may make SpaceX one of the cloud computing providers supporting the Pentagon AI operation. Although the transaction is still in its preliminary stage and may be variable, this development may be significant for SpaceX investors。

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Chairman of the Federal Reserve: Artificial intelligence technology has put pressure on the Federal Reserve and banking infrastructure

On 19 July, Federal Reserve Chairman Kevin Walsh warned this week that artificial intelligence technology could be used for both good and evil, putting pressure on the Federal Reserve and banking infrastructure, while predicting long-term gains for the United States. “In the long term, I think the United States is the winner... but in the long run it may be quite far away.”

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Elizabeth Warren asked Trump to disclose the encrypted currency holdout within a week

ON 19 JULY, SENATOR ELIZABETH WARREN REQUESTED PRESIDENT DONALD TRUMP TO VOLUNTARILY DISCLOSE HIS ENCRYPTED MONEY PROCEEDS AND HOLDOUT FROM 1 JANUARY TO 15 JULY AND TO PROVIDE HIM WITH A DEADLINE OF 23 JULY. IN A LETTER DATED 16 JULY, SENIOR MEMBERS OF THE SENATE BANKING COMMISSION ARGUED THAT CONGRESS COULD NOT FAIRLY DEBATE ENCRYPTED CURRENCY LEGISLATION WHEN THE PRESIDENT DISCLOSED ONLY PARTIAL FINANCIAL EXPOSURE TO THE INDUSTRY. THIS REQUIREMENT COINCIDES WITH THE SENATE ' S CONSIDERATION OF THE CLATRITY BILL, WHICH WILL ESTABLISH A COMPREHENSIVE REGULATORY FRAMEWORK FOR THE DIGITAL ASSET MARKET BY DEFINING WHICH ASSETS FALL UNDER THE SUPERVISION OF THE SEC OR THE CTC AND BY ESTABLISHING CLEARER RULES FOR EXCHANGE AND TOKEN ISSUERS. WARREN BELIEVES THAT LEGISLATORS NEED TO BE KEPT UP TO DATE ON THE BENEFITS OF THE TURKISH ENCRYPTED CURRENCY BEFORE MOVING FORWARD WITH LEGISLATION THAT MAY HAVE A DIRECT IMPACT ON THESE HOLDABLE VALUES. ACCORDING TO WARREN, THE CONCERNS ARE NOT JUST THAT THE PRESIDENT OWNS THE DIGITAL ASSETS, BUT THAT THE LEGISLATION CURRENTLY BEFORE CONGRESS MAY SUBSTANTIALLY BENEFIT THE PRESIDENT-RELATED BUSINESSES AND INVESTMENTS, WHICH ARE ONLY PARTIALLY DISCLOSED。

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