Google is coming out as one of the biggest winners in the SpaceX-xAI merger, as Elon Musk’s aerospace company hits a $1.25 trillion valuation. This week, Elon Musk said SpaceX acquired the Grok maker xAI for $250 billion with the explicit goal of launching data centers into space. The move puts SpaceX at an estimated valuation of $1.25 trillion ahead of its expected mega IPO this year. Google invested $900 million for a 7.5% stake in SpaceX in 2015 “to support continued innovation in areas of space transport, reusability and satellite manufacturing.” At the current valuation, Google’s investment is now…
Author: Henry Kanapi
Henry Kanapi
Henry Kanapi is a journalist and editor covering the intersection of artificial intelligence, financial markets, and technology disruption. He has sourced, written, and edited thousands of stories on crypto, banking, and macroeconomics as Senior Editor at The Daily Hodl, where he helped shape coverage for an audience of over two million monthly readers. At CapitalAI Daily, Henry brings a decade of newsroom experience to fast-paced reporting on AI breakthroughs, market shifts, fraud cases, and regulatory battles. His focus is on accuracy, clarity, and exposing how money moves in the age of artificial intelligence. Henry’s work has been cited by leading financial outlets, investment firms, and research communities tracking the future of markets. He is committed to a high editorial standard rooted in transparency and trust.
A new website has emerged that allows AI agents to hire humans, as machines cross a line that once felt purely science fiction. X user AlexTw33ts announces the launch of rentahuman.ai, a platform where AI agents can rent humans to perform jobs in the real world. “I launched rentahuman.ai last night and already 130+ people have signed up, including an OF model (lmao) and the CEO of an AI startup. If your AI agent wants to rent a person to do an IRL task for them it’s as simple as one MCP call.” A model context protocol (MCP) allows an…
Veteran investor Tom Lee believes that the convergence of AI and crypto is in sight, creating another strong use case for digital assets. In an interview at the Ondo Summit, the Fundstrat co-founder says the blockchain may serve as a strong security layer for AI operating in the real world. According to Lee, owners of robots and self-driving cars will have to sign off on approved keys to deliver instructions to their machines, preventing hacks like rogue updates or malicious overrides. “And there’s one more thing I want to add that is a possible catalyst. One of the things that…
Macro investor Luke Gromen says one asset class will continue outperforming tech stocks regardless of how the AI boom ultimately plays out. In a new episode of the Forest For the Trees podcast, Gromen says gold and metals are the early winners in the AI race, with application software appearing to have gotten the short end of the stick. According to Gromen, an AI bubble would eventually trigger new demand for gold after it bursts, as investors seek shelter from the aftermath. If there’s no AI bubble, Gromen says metals like copper and silver will continue to witness sustained demand…
The CEO of banking titan Goldman Sachs says three forces are converging to create a favorable backdrop for two investment plays. In an a16z interview, David Solomon says fiscal, monetary and regulatory forces are hitting the US economy at the same time. He highlights that the AI boom is acting as a tailwind, with Big Tech spending hundreds of billions of dollars to finance the data center buildout. “We have fiscal stimulus. We have monetary stimulus because we’re in a rate-cutting cycle. That doesn’t mean I think we’re going to see many more rate cuts, but we’re probably going to…
A new study by a crowdsourced security platform finds that hackers are now leveraging AI to identify potential security gaps. Bugcrowd says it surveyed and interviewed more than 2,000 respondents across the world to gain insights from the hacker community and reveal how AI adoption and collaboration are changing the discovery of system vulnerabilities and disclosure. The study finds that more hackers are now integrating AI into their workflows while they move toward working with teams to outperform working in isolation. “82% of hackers now use AI in their workflows, up from 64% in 2023, with AI primarily used for…
Big Short investor Michael Burry says a new feature of the AI bubble is emerging as the OpenAI complex grabs headlines on funding issues. In a new Substack post, Burry says times are changing as Nvidia and its CEO Jensen Huang walk back the widely reported $100 billion investment in OpenAI. “Just this past September, markets rallied on news that Nvidia would invest $100 billion in OpenAI. This was widely reported. Now, Bloomberg reports that Jen-Hsun backtracked while talking to reporters on February 1st. Jen-Hsun let the stock market’s $100 billion interpretation stand for nearly five months. There is a…
Cloud computing giant Oracle is gearing up to raise tens of billions of dollars this year to meet demands from its largest customers. In a news update, Oracle says it expects to raise $45 to $50 billion this year through a combination of debt and equity financing in an effort to keep its solid investment-grade rating. The firm adds that it plans to complete a one-time issuance of about $25 billion in investment-grade senior unsecured bonds. CNBC host Jim Cramer says Oracle’s latest bond offering is “wildly oversubscribed.” “Talk of it being a new record. Price talk coming in 6.25%…
Elon Musk says SpaceX has acquired xAI as part of a plan to move large-scale artificial intelligence computing off Earth and into orbit. In a memo published on SpaceX’s website, Musk says the deal brings xAI inside SpaceX with the explicit goal of developing space-based data centers powered by constant solar energy, a concept he believes is necessary to keep AI scaling without straining Earth’s power grids and infrastructure. The Information reports that SpaceX shelled out $250 billion to acquire xAI. Musk founded xAI in 2023 and is known for developing the generative AI chatbot Grok. In the memo, Musk notes…
An investor managing over $386 billion in assets says investors should be on the lookout for this year’s mega initial public offering (IPO) wave, led by SpaceX and Anthropic. In a new video update, Fisher Investments’ Ken Fisher says one of the biggest risks that he’s seeing for 2026 is the fairly large inventory of private companies looking to go public this year. According to Fisher, each company expected to get listed this year is worth tens of billions of dollars, with some valued at $200 billion or higher. “I like to refer to SpaceX as the poster child for…