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Elon Musk’s xAI leaps to $24 billion valuation with $6 billion funding round

Artificial intelligence firm xAI has secured $6 billion in a Series B funding round, according to a May 27 statement. Elon Musk, the company’s founder, revealed that its pre-money valuation was $18 billion, meaning this latest funding round boosted its valuation to $24 billion—a significant milestone considering the firm launched just 11 months ago, in […] The post Elon Musk’s xAI leaps to $24 billion valuation with $6 billion funding round appeared first on CryptoSlate. дальше »

2024-5-28 16:06


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Tesla and SpaceX’s Bitcoin holdings: What does Elon Musk’s crypto investment look like

In a report by Arkham Intelligence, the on-chain Bitcoin addresses of Elon Musk’s pioneering companies, Tesla and SpaceX, have been uncovered, showcasing a hefty investment in the cryptocurrency. As of March 7, the analysis revealed that Tesla is in possession of 11,510 BTC, valued at approximately $780 million, across 68 distinct addresses. Meanwhile, SpaceX boasts […] дальше »

2024-3-15 17:52


Here’s How Much Elon Musk’s Tesla And SpaceX Have Made From Their Bitcoin Holdings

A new report has revealed the total Bitcoin assets held by Elon Musk’s Tesla and SpaceX companies and how much profit they’re seeing so far.     Tesla And SpaceX Bitcoin Holdings Unveiled On Thursday, March 7, Arkham Intelligence, an AI-based blockchain analytics platform, revealed the Bitcoin holdings of SpaceX and Tesla, two companies co-founded by X (formerly Twitter) owner, Elon Musk. дальше »

2024-3-8 18:00


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Dogecoin Wavers As Twitter Reportedly Shelves Plan To Build A Crypto Wallet

Twitter has reportedly shelved plans to build a crypto wallet, amplifying Dogecoin losses after a bountiful bull run last week. According to a report by tech blogger Casey Newton, the decision to set aside the wallet was part of the company’s restructuring plan initiated by its new owner Elon Musk. “A recently revealed plan to […] дальше »

2022-11-7 16:56


Dogecoin Climbs After Elon Musk Tweets SpaceX Will Accept The Meme Coin

Elon Musk, CEO of Tesla, revealed through Twitter on Friday that his space exploration company Spacex will soon take Dogecoin as a form of payment. This raised the value of Dogecoin. Shortly after the tweet, Dogecoin surged as much as 10 percent to nearly 9 cents, partially correcting Thursday’s 6.14 percent decline, as DOGE closed […] дальше »

2022-5-28 12:14


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Elon Musk Reveals Spacex Owns Bitcoin, He Personally Owns BTC, Ethereum, Dogecoin — ‘I Might Pump but I Don’t Dump’

Spacex and Tesla CEO Elon Musk has revealed that he personally owns bitcoin, ethereum, and dogecoin. Meanwhile, his companies, Spacex and Tesla, own bitcoin. He also said that bitcoin’s energy usage “is shifting a lot more toward renewables,” and Tesla will likely resume accepting the cryptocurrency after he does more due diligence. дальше »

2021-7-23 16:30


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Crypto Proponents Become Skeptical of Closed-Door Meeting Between Billionaires and Bitcoin Miners

After Tesla’s Elon Musk and Microstrategy CEO Micheal Saylor revealed the revelation of a newly created “Bitcoin Mining Council,” the news became a viral subject. While some crypto supporters like the idea, others have been skeptical of a couple of billionaires having closed-door meetings with North American bitcoin miners. дальше »

2021-5-26 18:30


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Elon Musk Meets Major North American Bitcoin Miners to Address Energy Usage

Following his earlier criticisms of Bitcoin’s energy usage, Tesla CEO Elon Musk has met with bitcoin miners in North America to promote the use of renewable energy for BTC mining activities.  New Bitcoin Mining Council Formed After Meeting Tweeting on Monday (May 24, 2021), Musk revealed that bitcoin miners based in North America were committedRead More дальше »

2021-5-26 13:30


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Alameda Research: Over-Leveraged Liquidations Fueled Crypto Markets Bloodbath

As the global crypto markets try to recover from the latest bloodbath that saw the value of the global cryptocurrency markets crash significantly below the psychological $2 trillion this week, analysts have revealed that the correction was not entirely caused by Elon Musk’s actions or the latest China crypto ban, but largely due to liquidationsRead More дальше »

2021-5-20 15:30


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Low Energy Proof-of-Work: Bitcoin Improvement Proposal Wants to Change Network’s Algorithm

The most topical conversation in the world of cryptocurrencies right now is the effects of bitcoin mining on the global environment after Elon Musk heated up the conversation. Following the recent Tesla announcement, the cofounder of Siphox and Powx, Michael Dubrovsky, revealed the nonprofit Powx has recently submitted a Bitcoin Improvement Proposal (BIP) that aims […] дальше »

2021-5-15 02:00