Elon Musk’s xAI seeks $113bn valuation in $300mn share sale

Elon Musk’s artificial intelligence venture, xAI, is making headlines with a significant $300 million secondary share sale, positioning the company at a staggering $113 billion valuation. This move underscores Musk’s renewed focus on his business empire, particularly in the competitive AI sector.Financial Times A Strategic Merger: xAI and X In March 2025, Musk orchestrated a…

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Bitcoin, Ether Bulls Hit With $800M Liquidation as Trump-Musk Tussle Rattles BTC, ETH

Bitcoin and Ethereum Plunge Amid $800M Liquidation Triggered by Trump-Musk Tensions In a dramatic turn of events, the cryptocurrency market experienced a significant downturn, with Bitcoin (BTC) and Ethereum (ETH) leading the decline. The sharp drop resulted in approximately $800 million in liquidations, affecting both long and short positions. This upheaval is attributed to escalating…

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