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11/7
03:46
Musk reposted a tweet from XFreeze, which cited his remarks stating that SpaceX expects its annualized revenue to exceed $100 billion by this December, and that its annualized recurring revenue is projected to surpass $500 billion by next December. He also emphasized that the latter is his best estimate for the future, not a promise. All of the above are annualized revenue projections and do not represent realized full-year revenue.
03:34
Musk reposted a preview stating that the next-generation V4 Starlink satellites will be equipped with laser links, boasting a single-satellite capacity exceeding 10 Tb/s. According to his disclosures, each satellite will carry approximately 100 lasers, and the total constellation size will exceed 100,000 satellites. By leveraging the advantages of space-based light speed being roughly 40% faster than terrestrial fiber-optic cables, combined with direct routing, the system is poised to outperform submarine cables in long-distance communications. The quoted original post indicates that the V4 version will achieve 10 times the performance of V3, with laser link speeds reaching 10 terabits per second.
03:15
A malfunction in the equipment at the Shinkin Joint Center affected 128 Japanese shinkin banks, causing temporary disruptions to ATM and counter deposit and withdrawal services in regions including Tokai. The incident occurred against the backdrop of the Japanese stock market plunging 7% amid a global sell-off in AI stocks. Following emergency repairs by the respective banks, services were restored before 7:00 p.m. Japan Standard Time on the same day.
02:58
Russia has finalized its cryptocurrency trading rules, allowing retail investors to trade Bitcoin, Ethereum, and USDT through regulated intermediaries. The relevant regulations will officially take effect on November 17, and the Moscow Exchange plans to launch crypto trading in December.
02:56
The Ethereum execution client Reth has exposed a state root calculation vulnerability, prompting Layer 2 networks such as Optimism and Base to release emergency patches. Georgios Konstantopoulos, CTO of crypto investment firm Paradigm, stated that developers have released fix patches addressing the vulnerability, which impacts Reth, Optimism, Base, and Tempo. The bug stems from Reth's legacy state root calculation system potentially returning incorrect results when processing specific smart contract storage configurations, affecting networks built using the OP Stack and others. Development teams for Base and Tempo confirmed they have fixed related issues for block builders and verified that current state roots are correct, with no user funds reported compromised. Meanwhile, cross-layer protocols including LayerZero have taken precautionary measures by temporarily pausing certain transfer routes.
02:47
Meta has launched Spaces, a new feature for its Muse agent designed to offer users a fresh way to communicate and collaborate with AI assistants. Users can describe their ideas to let Muse automatically build custom experiences such as project boards, planning boards, or trackers, with the ability to integrate third-party applications to keep things updated automatically in the background.
02:47
According to @DeItaone, SpaceX expects its annualized revenue to exceed $500 billion by December 2027. This figure represents the projected annualized revenue run rate, not the realized full-year revenue.
02:44
Merkley and Raskin have proposed legislation to ban U.S. exchanges from offering trading in election and sports contracts. Introduced on March 26, the bill also extends restrictions to U.S. government action contracts, while including a commercial hedging exemption as defined by the CFTC. The bill is currently under review by committee.
02:40
Morgan Stanley: Following the U.S. midterm elections, 12 gigawatts of planned data center capacity faces delay risks through 2030. The bank expects minimal project impact in 2027, with 4.9 gigawatts of capacity at risk in 2028, and total at-risk capacity reaching 12 gigawatts by 2030. It also anticipates that new state-level requirements in states like Texas and Ohio will slow down project approvals.
02:33
According to the UK's *The Telegraph*, Iran has expressed "optimism" regarding the acquisition of Russia's S-400 air defense system. Reports indicate that Mohsen Rezaei, security chief to Iran's Supreme Leader Mojtaba Khamenei, traveled to the Kremlin on Thursday to deliver a handwritten letter. The core demand of the visit was securing the air defense system, with both sides also discussing issues such as the construction of a new natural gas pipeline.
02:26
The U.S. options market hit a record trading volume on Thursday, driven by the post-election stock market sell-off. According to clearing data, as U.S. equities moved lower, Thursday became the busiest day in the history of the U.S. options market, with daily average trading volume surging 53% significantly above October's average levels.
02:24
Reporter Nick Timiraos shared a Wall Street Journal report stating that the Donald Trump administration is considering signing an executive order to designate certain non-profit organizations accused of terrorist ties on a blacklist, which would immediately suspend their tax-exempt status and paralyze their operations. Officials are reviewing an obscure law that would allow the president to leverage untested tax code provisions to issue the executive order. The report notes that this move could escalate scrutiny on tax-exempt organizations and potentially target Donald Trump's critics and political opponents.
02:20
According to The Wall Street Journal, the White House is considering signing an executive order that would immediately suspend the tax-exempt status of non-profit organizations accused of ties to terrorism. The proposal aims to invoke Section 501(p) of the U.S. Internal Revenue Code, potentially bypassing the lengthy Internal Revenue Service (IRS) review process. Officials are reportedly reviewing the financial records of non-profits, though no publicly named organizations have been identified thus far. The executive order is still under discussion and ultimately may not be signed.

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