When it comes to Space X, it's really interesting. The investor base is very broad and wide. What do we know about the latest financing.Yes, So around $400 billion valuation, maybe greater than 400 billion. Right now, the share price being discussed is $208 to $212. There's still a little way to go.It could change, but it's quite a jump from the last valuation that we reported of $350 billion. Part of that reflects, of course, not just Space X's position in dominating commercial launch, but the styling comp ...

Core Viewpoint - The recently passed "Big Beautiful" bill is significantly transforming the American business landscape, redefining the winners and losers among various industries [1] Private Equity and Fossil Fuels - The private equity industry, valued at $13 trillion, is one of the biggest beneficiaries of the bill, retaining the "carried interest" tax loophole [2][3] - This loophole allows traders to pay performance profit taxes at a lower long-term capital gains tax rate, saving the industry billions annually [3] - The bill also extends fixed debt interest tax deductions and depreciation benefits, lowering tax rates for many private equity-backed companies [4] Retail Industry - The bill reduces federal food assistance, with the Supplemental Nutrition Assistance Program (SNAP) expected to see a $9 billion cut next year, impacting grocery spending [5][6] - Companies like Conagra, Kellogg, and Kraft Heinz may face sales pressure due to their reliance on SNAP user spending [6] - The bill eliminates tariff exemptions for imported goods valued under $800, benefiting brick-and-mortar retailers while pressuring small businesses [6] Healthcare Industry - The healthcare sector avoided severe cuts, with Medicaid funding reductions being less than anticipated [7][8] - For-profit hospital chains like Tenet Healthcare and HCA Healthcare saw stock price increases, although predictions indicate that 11.8 million Americans may lose health insurance by 2034 [8] - Smaller hospitals, heavily reliant on Medicaid, may struggle more than larger institutions [9] Energy Sector - The energy industry is experiencing a split impact, with coal unexpectedly benefiting from tax credits for metallurgical coal production [10] - Zero-carbon energy sources like geothermal and nuclear retain substantial tax credits, while many solar and wind projects will lose investment and production tax credits [10] - The cancellation of electric vehicle tax incentives may lead to contractor bankruptcies, as the total credits for 2023 amount to $8.4 billion [10] Technology Sector - The technology sector, particularly companies like Tesla, faces significant challenges due to the loss of electric vehicle tax incentives and new AI regulations [11] - Private aerospace companies like SpaceX and Blue Origin benefit from provisions allowing municipal bond financing for spaceports [11] Defense Industry - The defense sector is a major winner, with an additional $150 billion in budget increases, pushing total defense spending towards $1 trillion [12][13] - Traditional defense contractors like Lockheed Martin and emerging tech firms like Anduril and Palantir are expected to benefit from increased funding for missile defense and naval capabilities [13] Higher Education - The bill imposes an 8% tax on investment income for wealthy universities, affecting only 16 institutions, with Harvard expected to lose $267 million annually [14] - Cuts to student loans and support may indirectly raise university costs, straining state funding for public universities [14]

Business Development - SoFi Technologies is introducing new private-market funds [1] - These funds will provide exposure to startups such as OpenAI and SpaceX [1]

Group 1 - The core viewpoint is that SpaceX prioritizes strategic control over capital, as Elon Musk emphasizes the need to avoid short-term pressures associated with public listings [2] - SpaceX has sufficient internal capital, having raised nearly $12 billion since its inception, making external fundraising seem unnecessary [3] - Starlink, which contributes about half of SpaceX's total revenue and is already profitable, is seen as a potential candidate for an IPO, possibly allowing SpaceX to maintain strategic control while accessing capital [4] Group 2 - The current capital market environment is not favorable for rocket companies, as the space sector is viewed as slow-growing, with challenges related to long-term investments and regulatory complexities [5] - SpaceX's strategy involves a dual approach of raising new funds while considering a potential spin-off of Starlink for a mid-term IPO, allowing for a careful evaluation of the necessity of a SpaceX IPO [6] - The decision not to go public is framed as a strategic choice to maintain freedom and avoid market constraints, aligning with Musk's vision of a multi-planetary civilization [6][7]

SpaceX is discussing plans to raise money and sell insider shares in a deal that would value Elon Musk’s rocket and satellite maker at around $400 billion, people familiar with the matter said.@EdLudlow has more on "Bloomberg The Close." https://t.co/PGfa5u15lx https://t.co/1lS5Wn6VI3 ...

When it comes to Space X, it's really interesting. The investor base is very broad and wide. What do we know about the latest financing.Yes, So around $400 billion valuation, maybe greater than 400 billion. Right now, the share price being discussed is $208 to $212. There's still a little way to go.It could change, but it's quite a jump from the last valuation that we reported of $350 billion. Part of that reflects, of course, not just Space X's position in dominating commercial launch, but the styling comp ...

RT Tesla Owners Silicon Valley (@teslaownersSV)What does FOMO Joe know that you don't?Only one way to find out..Get your tickets for the BIGGEST Tesla & SpaceX event of 2025 at 👉🏼 https://t.co/T5sY3Za0RWJuly 26th | San Mateo, CA https://t.co/nqOJweJpKn ...

Group 1 - Tether Holdings SA, the issuer of the largest stablecoin, holds $8 billion worth of gold in a secret vault in Switzerland, with nearly 80 tons of gold, making it one of the largest holders globally, excluding banks and nations [1] - The significant gold reserves held by Tether enhance market perception of the asset security backing its stablecoin, potentially boosting investor confidence in the company and its related stablecoin business [1] Group 2 - SpaceX is reportedly discussing the sale of internal shares to raise funds, which could value the company at approximately $400 billion, reflecting investor confidence in the potential of space exploration and satellite internet services [2] - The planned financing round includes a "tender offer" or "secondary market transaction," allowing employees and early shareholders to sell their shares, with details subject to adjustment based on seller and buyer interest [2] Group 3 - ChatGPT has introduced a new feature called "Study Together," aimed at enhancing its role as an educational tool by encouraging active questioning and potentially supporting group learning [3] - This feature is part of OpenAI's strategy to expand into the education market and increase user engagement [3] Group 4 - Manus has responded to rumors of large-scale layoffs by stating that adjustments to certain business teams are based on operational efficiency considerations, focusing on core business development [4] - The company is reportedly relocating core technical personnel to its Singapore headquarters, indicating a strategic shift in its global operations [4] Group 5 - A new training center named the "National AI Teaching Academy" is being established by a coalition including Microsoft, OpenAI, and Anthropic, aimed at helping educators utilize AI tools in classrooms [5] - This initiative, costing $23 million, will provide free AI training and courses to 1.8 million members of the American Federation of Teachers, initially targeting K-12 educators [5]

2025 年 7 月 9 日星期三 【实时热点】 【美国债市】 资料来源：BLOOMBERG、AASTOCKS、WIND、格隆汇、国元证券经纪（香港）整理 请务必阅读免责条款 1 证 券 研 究 报 告 【经济数据】 特朗普拟对进口铜加征 50%关税 药品关税可能高达 200% 特朗普：8 月 1 日起关税正式生效，无延期可能 澳洲联储意外维持利率不变 世界黄金协会：全球黄金 ETF 上半年流入 380 亿美元，日均 交易量创半年度纪录 乘联分会：6 月新能源乘用车市场零售 111.1 万辆，同比增 长 29.7% 七部门：加快推进普惠托育服务体系建设 SpaceX 在股票出售中获得约 4000 亿美元估值 扎克伯格挖角苹果基础模型团队负责人，更多员工或离开 DeepSeek 使用率暴跌至 3% 字节跳动否认甲骨文等将收购 TikTok 美国业务 2 年期美债收益率涨 0.22 个基点报 3.893% 5 年期美债收益率涨 1.40 个基点报 3.969% 10 年期美债收益率涨 2.38 个基点报 4.401% 纳斯达克综合指数 （日） 道琼斯工业平均指数（日） 0 5,000 10,000 15,000 ...

2025 年 7 月 9 日 招银国际环球市场 | 市场策略 | 招财日报 每日投资策略 全球市场观察 全球市场观察 招银国际研究部 邮件：research@cmbi.com.hk | 环球主要股市上日表现 | | | | | --- | --- | --- | --- | | | 收市价 | | 升跌（%） | | | | 单日 | 年内 | | 恒生指数 | 24,148 | 0.97 | 41.65 | | 恒生国企 | 8,709 | 1.15 | 50.97 | | 恒生科技 | 5,326 | 2.10 | 41.49 | | 上证综指 | 3,497 | 0.72 | 17.56 | | 深证综指 | 2,102 | 1.28 | 14.39 | | 深圳创业板 | 2,181 | 1.15 | 15.32 | | 美国道琼斯 | 44,241 | -1.31 | 17.38 | | 美国标普 500 | 6,226 | -0.86 | 30.52 | | 美国纳斯达克 | 20,418 | -0.89 | 36.02 | | 德国 DAX | 24,207 | 1.76 | 44.50 | | ...