SpaceX has raised its IPO valuation target to over $2 trillion as it prepares to market what could be the largest IPO in history to potential investors. SpaceX's valuation is expected to grow by nearly two-thirds within months. In February, SpaceX acquired Elon Musk's xAI, valuing the combined company at $1.25 trillion. A listing with a valuation exceeding $2 trillion would give SpaceX a market capitalization exceeding all companies in the S&P 500 except Nvidia, Apple, Alphabet, Microsoft, and Amazon, as well as Meta and Tesla. SpaceX has secretly filed for an IPO, with the listing potentially taking place as early as June, and is expected to raise up to $75 billion, far surpassing the previous record of $29 billion set by Saudi Aramco in 2019. The funds raised will be used for space-based AI data centers and lunar factory projects. SpaceX has selected Bank of America, Citigroup, Goldman Sachs, JPMorgan Chase, and Morgan Stanley as lead underwriters for its IPO and plans to hold a conference call with the banking syndicate next Monday, followed by an analyst briefing later in April. Bloomberg Intelligence analysts point out that SpaceX's revenue is projected to reach nearly $20 billion by 2026, with launch operations and Starlink contributing the majority of that revenue.

Amazon plans to acquire Globalstar for $9 billion, marking a significant move in the satellite industry. According to PANews, this acquisition is not just a typical merger but highlights the transition of low-Earth orbit satellite competition into a phase of resource integration. The article examines Amazon's strategic efforts to catch up with Starlink, focusing on spectrum resources, industry dynamics, and ecosystem competition. Additionally, it explores Apple's pivotal role in this evolving landscape. The low-Earth orbit satellite sector is shifting from a space technology race to a battle over global communication infrastructure and future network gateways.

The price of XPL token experienced significant volatility on April 3, according to BlockBeats. Monitoring data from Coinglass and Hyperinsight revealed that between 1 a.m. and 5 a.m. (UTC+8), the token's price surged by 42%, reaching a peak of $0.167. However, starting at 5:10 a.m., the price plummeted by over 40% in less than five minutes, falling below $0.12 and erasing all gains made earlier in the day. Before the price surge, five new addresses on Hyperliquid deposited funds around 1 a.m., each transaction exceeding $200,000, totaling approximately $1.292 million. These addresses opened high-leverage long positions on XPL, possibly in coordination with spot purchases on other platforms to drive up the price. During this period, the five addresses saw substantial floating profits, with their initial investments more than doubling. Between 4:30 and 4:40 a.m., these addresses withdrew their released margins along with the floating profits, significantly raising the liquidation price of their positions. At 5:10 a.m., the five addresses were liquidated simultaneously at an XPL price of approximately $0.12971, causing the price to drop sharply, possibly in coordination with spot market sell-offs. The combined profit for these addresses was around $1.602 million. During the price surge, several large short positions were liquidated, including those held by addresses (0xbe1), (0x51f), "美布两油主力空军" (0x985), and (0x45d), with the total size of liquidated short positions exceeding $32.99 million. The source of funds was traced to the on-chain address: 0xBc1D9760bd6ca468CA9fB5Ff2CFbEAC35d86c973. The suspected whale addresses involved in the operation are: 1. 0x0e321565595044b32784fc983d38bfe57ddee62c 2. 0x763a5940ccb568e594a9ceb4b1d88d60dec8ea08 3. 0x1b546e2a2f10d30245502d6bdb11bba23719597f 4. 0x1a1cc7a769b233f29e09050fe383a37c46bcdbdf 5. 0xfb8fe47311c92345b8fc152f697212595a778915

Drift announced on the X platform that it has confirmed key information regarding the parties involved in the vulnerability attack. Drift is currently sending on-chain messages from the address (0x093...C105) to the four ETH wallets holding the stolen funds, indicating its readiness to engage in dialogue and requesting them to contact it via Blockscan chat. Drift will share further updates with the community after third-party attribution is completed. Previously, it was reported that the Solana ecosystem's Drift Protocol was attacked, resulting in losses of at least $200 million.

Beneath the surface of apparent calm lies a turbulent undercurrent; this is often a facade before a storm. When liquidity and volatility reach extremely low levels, even greater volatility will follow.

Drift Protocol has sent an on-chain message to the wallet holding stolen ETH. According to Foresight News, the official statement indicates that the attacker can contact the team via Blockscan chat.

According to official news, OKX will support the upgrades of the Polygon, Kaia, and Flare networks. To ensure a smooth upgrade, the platform will suspend deposit and withdrawal services for the Kaia network from 08:30 (UTC+8) on April 7, 2026; for the Polygon network from 21:30 (UTC+8) on April 8, 2026; and for the Flare network from 19:30 (UTC+8) on April 14, 2026. Please do not deposit or withdraw any tokens during the network upgrade period to avoid financial losses. Deposit and withdrawal services will resume once the network upgrade is complete and running stably, without further announcement. Trading of the relevant tokens will not be affected during the upgrade, but please be aware of market volatility risks.

The New York Stock Exchange (NYSE) and Nasdaq were closed on April 3 in observance of Good Friday, marking one of Nasdaq's ten full-day closures in 2026. According to NS3.AI, while the stock exchanges remained closed, banks continued their operations. Stock trading is scheduled to resume on Monday, April 6, at 9:30 a.m. ET.

Polymarket has achieved a notable position in the crypto sector, ranking fifth in daily revenue among crypto protocols, with earnings reaching $1.71 million, according to BlockBeats. This development follows the introduction of a new fee structure on March 30, which imposes Taker fees across nearly all trading categories for the first time. The new fee system features variable rates, with peak fees for cryptocurrency-related contracts reaching up to 1.8%. Actual fees fluctuate based on share prices and market dynamics. Categories such as sports, finance, politics, culture, weather, and general predictions have lower tiered rates, while certain economic predictions and mention-based categories have higher peak rates, approximately 1.5%. In response to community inquiries about whether the platform will support POLY token payments for fee discounts, Polymarket team member Mustafa confirmed that this option will be available.

1. CZ: New book "Freedom of Money" will be released next week; ebook pre-orders are now open. 2. Bitcoin mining company Riot sold 3,778 BTC in Q1 2026. 3. Trump says the new Iranian regime must act quickly. 4. CZ: All proceeds from the sale of his new book "Freedom of Money" will be donated to charity. 5. Trader loracle.hl is selling 450,000 HYPE, worth $15.98 million. 6. Intergaze will officially shut down; users must complete asset withdrawals within 14 days before the bridge closes. 7. A whale sold 1,323 ETH after holding them for two months, incurring a loss of $1.28 million.

U.S. government job openings decreased by 51,000 in February, reaching a total of 701,000, marking the second-lowest level since December 2020. According to NS3.AI, this decline has raised concerns about the labor market's health. The Conference Board's March survey revealed a drop in the labor market differential to 5.8 points. Analysts are closely monitoring the upcoming March jobs report for indications of further weakness in the employment sector.

Currently, the biggest impact of high oil prices is not on the economic level, but on the psychological level. The effects of tariffs, immigration deportations, artificial intelligence, and robotics are far more lasting than high oil prices.

The $348 trillion credit market is quietly being reshaped—from a vertically integrated banking model to a modular architecture, from which AI-powered risk control and credit granting, along with blockchain infrastructure, will extract economic value.

The closure of the Strait of Hormuz has pushed oil prices close to $150, redemption pressure in the private lending market has surged, and the AI ​​investment boom has begun to cool down... The US fiscal buffer is nearing its limit, and a domino effect could occur at any moment.

The official name for the token is "word unit," the new hard currency of the AI ​​era. In the future, the difference between people may lie in how many word units they possess. Will it circulate freely? Will the crypto ecosystem play a role?

The stablecoin issuance market has not moved towards a single model, but rather exhibits a differentiated pattern. Different issuers, based on their own size and market positioning, adopt drastically different core revenue strategies and coexist and develop.

The code was flawless, but the entire team was wiped out. The Drift incident revealed the final battleground for DeF security. AI auditing is not an option, it's a necessity.

Despite political resistance to fundamental change in the short term, the United States’ continued monetary expansion will exacerbate economic instability, wealth distortions, and financial vulnerabilities.

Jinse Finance launches its cryptocurrency and blockchain industry daily news report, "Jinse 8 AM," issue 3015, providing you with the latest and fastest news on the digital currency and blockchain industry.

Ethereum's success depends on two things: the execution of its technology roadmap and the community's acceptance of the new narrative.