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Tag: Breaking

SpaceX Stock Jumps Another 19.6% on Second Day of Public Trading, Market Cap Reaches $2.52 Trillion

SpaceX (NASDAQ: SPCX) surged 19.6% on Monday, closing at $192.50 per share to extend its explosive public market debut. The company’s market capitalization has climbed to $2.52 trillion, making it the seventh-largest publicly traded company in the United States. The massive float has triggered retail and institutional frenzy, with the stock briefly touching an after-hours high of $229.85. Following its historic public market debut last...

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SpaceX Makes Historic Nasdaq Debut, Shares Surge Over 20% to Top $2 Trillion Valuation

SpaceX debuted on the Nasdaq under the ticker SPCX after pricing its record-breaking initial public offering at $135 per share to raise $75 billion. Shares opened at $150 and surged past $176 in intraday trading, driving the company’s market capitalization above $2 trillion. The historic market debut officially crowns CEO Elon Musk as the world’s first trillionaire, with a paper net worth reaching an estimated $1.1...

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Second Circuit Upholds Sam Bankman-Fried’s FTX Fraud Conviction

The Second Circuit Court of Appeals on June 12, 2026, affirmed Sam Bankman-Fried’s conviction on seven counts of fraud and conspiracy tied to FTX’s collapse. A three-judge panel found no reversible error by trial judge Lewis Kaplan and described the government’s evidence as robust, rejecting claims that the trial was unfair. Arguments that Bankman-Fried intended to repay customers or that misappropriated funds were invested...

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Anthropic’s Claude Fable 5 Launch Ignites Backlash Over Data Retention and ‘Silent Nerfing’

Anthropic rolled out Claude Fable 5, the first publicly accessible version of its high-powered Mythos-class technology, sparking intense community friction over its terms of service. A mandatory 30-day data retention policy overrides existing Zero Data Retention (ZDR) enterprise agreements, raising serious compliance issues under European GDPR rules. Developers and researchers accuse Anthropic of implementing a covert...

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Solana DEX Raydium suffers $1.3 million exploit on legacy liquidity pools

Raydium, a leading decentralized exchange on the Solana blockchain, has suffered an exploit resulting in the loss of approximately $1.3 million. The security breach specifically targeted legacy architecture, allowing a malicious actor to drain assets without affecting the protocol’s primary active trading venues. Blockchain security firms, including PeckShield and on-chain researcher Specter, first flagged the anomalous transactions as...

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