SpaceX and Tesla explore merger that would unite more than 30,000 bitcoin
Independent committees are assessing a potential tie-up, while strong SpaceX earnings lift shares ahead of Tesla’s results.
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Summary
- Independent directors at SpaceX and Tesla are assessing a merger of the two Elon Musk-led companies.
- A merger would combine the companies’ bitcoin holdings into a treasury of 30,221 BTC, although no transaction terms have been agreed.
- SpaceX shares jumped 9% in premarket trading after revenue and earnings beat expectations, with Tesla due to report after the close.
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Diversified RWA stablecoins sustain 5-7% yield from real credit as crypto funding compresses to ~4%. GENIUS pushes yield off-chain; TAM grows to $4B in 3 years.
Diversified RWA stablecoins sustain 5-7% yield from real credit as crypto funding compresses to ~4%. GENIUS pushes yield off-chain; TAM grows to $4B in 3 years.
Why it matters:
Diversified RWA stablecoins sustain 5-7% yield from real credit as crypto funding compresses to ~4%. GENIUS pushes yield off-chain; TAM grows to $4B in 3 years.
