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SpaceX shares have reversed roughly 31% from their record high, leaving investors weighing how much further the newly public stock could fall. Key Points: SpaceX has fallen about 31% from its record high of $225.64, reached Jun. 16. Musk's fortune dropped under $1 trillion to roughly $950 billion, e

Kalshi is discussing a new funding round that would value the U.S.-regulated prediction market platform at $40 billion. Key Points: Kalshi could close a new funding round as early as the third quarter of 2026. The talks follow a $1 billion Series F round that valued the company at $22 billion. The p

SpaceX shares have erased much of their post-IPO surge, pushing Elon Musk below the $1 trillion wealth mark after a brief run at the top. Key Points: SpaceX shares have fallen 31% from their Jun. 16 peak of $225.64. Musk’s fortune dropped to $957 billion, according to the Bloomberg Billionaires Inde

Anthropic's newly listed pre-IPO perpetual futures contract slid roughly 7% from its opening price within a day of debuting on Coinbase, defying the usual launch-day pop. Key Points: Anthropic's pre-IPO perp on Coinbase fell about 7% from a $1,728 open, skipping the launch-day rally many traders exp

Coinbase launched pre-IPO perpetual futures tied to OpenAI on Jun. 22, joining Binance and fueling speculation that the ChatGPT maker could follow SpaceX onto public markets. Key Points: Coinbase opened OpenAI pre-IPO perpetual futures on Jun. 22, matching an earlier Binance contract. Pre-IPO perpet