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Tag: billion

$1.2 Billion Rare Earth Deposit Confirmed in Wyoming’s Brook Mine by Fluor

Sheridan County, WY — A confirmed rare earth element deposit in northern Wyoming positions the U.S. to reduce its dependence on foreign mineral imports, marking a key development in domestic resource security. An independent assessment by Fluor Corporation, one of the world’s leading engineering firms, has validated the commercial potential of rare earth reserves at … Continue reading “$1.2 Billion Rare Earth Deposit Confirmed in Wyoming’s Brook Mine by Fluor”

Solana Could Reach $500 Billion in Market Value Within Five Years

Solana is currently the fifth-largest cryptocurrency by market capitalization, valued at approximately $109 billion as of July 21. Only Bitcoin and Ethereum have ever reached a $500 billion valuation. For Solana to reach that level, it would need to increase its market cap by over 360%. While that kind of growth is rare, Solana’s network … Continue reading “Solana Could Reach $500 Billion in Market Value Within Five Years”

Elon Musk’s SpaceX preparing 2026 IPO that could raise over $25 billion, source says – iShook Finance

Two decades ago, private space companies operated on the margins of the aerospace sector. Today, one of them — SpaceX — supports national programs, dominates global launch activity, and runs one of the world’s largest satellite networks. That growth has fueled a long-running question among investors: Will the public ever be able to buy SpaceX … Continue reading “Elon Musk’s SpaceX preparing 2026 IPO that could raise over $25 billion, source says – iShook Finance”

SpaceX Plans Insider Share Sale at Up to $800 Billion Value – iShook Finance

Key Points SpaceX valuation reviewed between $750B and $800B Share price above $400 discussed, up from $212 in July Board reviewed the proposal this week at Starbase Employees and early holders may sell part of their shares Public listing timing discussed for late next year SpaceX is preparing an insider share sale that would place … Continue reading “SpaceX Plans Insider Share Sale at Up to $800 Billion Value – iShook Finance”

Can Musk Become a Trillionaire? Tesla Investors Split Over $50 Billion Pay Deal – iShook Finance

Key Points Tesla shareholders are voting this week on Elon Musk’s $50 billion pay package. The plan would restore Musk’s stock options and raise his stake in Tesla. CalPERS and Norway’s sovereign wealth fund have opposed the proposal. The meeting also includes a proposed AI partnership with Musk’s xAI venture. … Continue reading “Can Musk Become a Trillionaire? Tesla Investors Split Over $50 Billion Pay Deal – iShook Finance”

Milestone: TRC reaches $2 billion in commercial ZEV funding

Consulting firm TRC has made a name for itself in the clean trucking space both for managing the ACT Expo and helping commercial fleets navigate the increasingly complex world of ZEV incentives. This week, the company reached a major milestone: $2 billion in funding! Over the last few years, GNA (which was acquired by TRC … Continue reading “Milestone: TRC reaches $2 billion in commercial ZEV funding”

A $1 billion solar + battery storage project just broke ground in Utah

Renewables developer rPlus Energies has broken ground on one of the largest solar + battery storage projects in the US, in east-central Utah. The Green River Energy Center in Emery County, Utah, is a 400-megawatt (MW) solar and 400 MW/1,600-megawatt-hour battery storage project that will supply power to western electric utility PacifiCorp under a power purchase … Continue reading “A $1 billion solar + battery storage project just broke ground in Utah”

Elon Musk will ‘discuss’ Tesla investing $5 billion in his private AI company

Elon Musk says that he will ‘discuss’ Tesla investing $5 billion in xAI, his own private artificial intelligence company. For the last few years, Musk has claimed that “Tesla is an AI company.” Despite that claim and having a fiduciary duty to Tesla shareholders as the chief executive of the company, Musk decided to start … Continue reading “Elon Musk will ‘discuss’ Tesla investing $5 billion in his private AI company”