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.

Elon Musk has reportedly requested companies interested in participating in SpaceX's IPO to purchase Grok, according to the New York Times. Grok, an AI-driven platform, is seen as a strategic asset in Musk's broader vision for integrating advanced technologies into his ventures. According to Jin10, this move aligns with Musk's ongoing efforts to leverage AI capabilities across his business operations, enhancing efficiency and innovation. The SpaceX IPO is anticipated to be a significant event in the financial markets, drawing attention from investors worldwide. Musk's emphasis on Grok underscores the growing importance of AI in the tech industry, as companies seek to capitalize on its transformative potential.

Circle is under scrutiny following the movement of over $230 million in stolen USDC from Solana to Ethereum via the Cross-Chain Transfer Protocol (CCTP) during Drift Protocol's $285 million exploit. According to NS3.AI, the criticism has intensified as Circle froze the USDC balances of 16 unrelated corporate hot wallets on March 23 due to a civil dispute. Data from DeFiLlama indicates that Drift Protocol's total value locked (TVL) dropped to below $250 million after the attack.

Oxford Economics has projected that the Federal Reserve might implement two rate cuts this year, despite facing an immediate inflation shock due to rising oil prices. According to NS3.AI, the firm highlighted that the U.S. employment figures for March may have exaggerated the labor market's strength before the onset of the Iran war. The ongoing conflict could potentially hinder hiring, spending, and investment activities in the upcoming months.

A U.S. judge has declined to rehear a case involving an investigation into Federal Reserve Chair Jerome Powell. According to BlockBeats, the decision was made on April 4. The investigation had previously been concluded, and the request for a rehearing was denied, maintaining the original ruling.

Oxford Economics states that the US March employment figures significantly overestimated the strength of the pre-war job market, as the data simultaneously reflected declines in both the labor force and household employment. Job growth will slow as the war in Iran impacts real economic activity. The war's impact on inflation is immediate, but its negative effects on consumer spending, business investment, and hiring will become more apparent in the coming months. Oxford Economics' baseline forecast remains that the Federal Reserve will ignore the one-off shock of rising oil prices this year and cut interest rates twice to guard against any future weakness in the labor market. (Jinshi)

Oxford Economics reported on April 4 that the U.S. employment statistics for March significantly overestimated the pre-war strength of the job market. According to Jin10, this overestimation is due to declines in both the labor force and household employment numbers. The ongoing Iran war is affecting real economic activities, leading to a slowdown in employment growth. While the war's impact on inflation is immediate, its negative effects on consumer spending, business investment, and hiring will become more apparent in the coming months. Oxford Economics maintains its baseline forecast that the Federal Reserve will overlook the one-time shock of rising oil prices and proceed with two interest rate cuts this year to mitigate any potential weakness in the labor market.

On Apr 03, 2026, 16:36 PM(UTC). According to Binance Market Data, Bitcoin has crossed the 67,000 USDT benchmark and is now trading at 67,009.992188 USDT, with a narrowed narrowed 0.06% decrease in 24 hours.

The labor market no longer requires the creation of numerous jobs to maintain the same employment rate among the population. According to Odaily, in this context, monthly hiring data may not accurately reflect the health of the labor market. The unemployment rate could serve as a more effective measure. It is suggested that ratios and indicators such as the employment-to-population ratio, unemployment rate, quit rate, or hiring rate can better illustrate changes in the labor force size, providing a clearer picture of the labor market's health.

The economy no longer needs to create as many jobs as before to maintain the same employment rate. In this environment, monthly hiring data no longer accurately reflects the health of the labor market. The unemployment rate may be a better measure. She stated, "Ratios and indicators such as the employment-to-population ratio, unemployment rate, turnover rate, or hiring rate reflect changes in the size of the labor force, thus providing a clearer picture of the health of the labor market." (Jin Shi)

When mining no longer generates sufficient economic returns, a rational business decision would naturally be to shift resources; however, if this trend continues to spread, the question of who will bear the long-term costs of maintaining the Bitcoin network will become an issue that cannot be ignored.

Jinse Finance launches the "Jinse Web3.0 Daily," providing you with the latest and fastest news on MEME, DeFi, DAO, NFT, and the metaverse industry.

In the past two days, there has been much discussion in the market about a group of high-tech companies that may go public this year, including OpenAI and Anthropic.

Forbes' latest data has revealed a highly suspenseful figure: Musk's current net worth is approximately $823 billion, just about $180 billion away from the trillion-dollar mark.

Wallet, payment, AI payment. The focus of payment is not payment itself. Golden Finance: Can you place another order for the milk tea I bought from that store yesterday?

Artificial intelligence, tokens, tokens become "money-devouring beasts"; computing power of major companies goes crazy. Jinse Finance: Have you noticed that the AI ​​industry has changed a bit too quickly in the past six months?

Powerus, a drone company partially owned by Trump's two sons—Donald Trump Jr. and Eric Trump—is selling drone interceptors to Gulf states.

How can machines pay for, authorize, and leave a credible record of their actions in the real world?

The key to post-quantum migration is enabling systems to cope with the continuous evolution of cryptography.

Solana's ecosystem-integrated lending and derivatives protocol, Drift Protocol, experienced an unusual outflow of funds. The project team confirmed that it was under attack, ultimately resulting in the theft of approximately $280 million from the protocol.