Saylor: "I wouldn't want to steal Strive's thunder. I'd like to see them go 10x from here. We're in a cooperative relationship... we're 100x bigger."

SpaceX filed its S-1 with the SEC on Wednesday, setting the stage for what the Financial Times reports could be the largest IPO in history. The company is targeting a listing on Nasdaq under the ticker SPCX and has discussed raising approximately $75 billion at a $1.75 trillion valuation. SpaceX reported $4.7 billion in revenue for Q1 2026 with an operating loss of $1.9 billion as it scales across rockets, Starlink satellite broadband, and AI infrastructure. The S-1 reveals SpaceX holds 18,712 bitcoin with a cost basis of $661 million, an average acquisition price of roughly $35,300 per BTC. As of March 31, 2026, the position had a fair value of $1.29 billion. The filing also disclosed a deal signed this month to lease data center space and computing resources to Anthropic. The AI lab will pay SpaceX $1.25 billion per month through May 2029. At a $1.75 trillion valuation, SpaceX would rank among the ten most valuable companies in the world on day one. The IPO would cement Elon Musk's control of two of America's most valuable public tech companies.

SpaceX just filed its S-1 with the SEC. The company is going public. The filing reveals SpaceX holds 18,712 bitcoin with a cost basis of $661 million. As of March 31, 2026 the position had a fair value of $1.29 billion.

She was paying $45 cash for her medication. Got insurance. The pharmacy ran it through her plan and the price jumped to $300 for the same generic. The health insurance middleman is not reducing costs. It is inflating them.

Rep. Tom Emmer calls CBDC the "ultimate surveillance tool" and says it's unfit for America.

The Federal Reserve issued a proposed rulemaking on "skinny master accounts" that would allow eligible fintech and crypto firms to access the Fed's payment system directly for clearing and settlement without going through a traditional bank. The move follows Trump's executive order signed yesterday directing the Fed to evaluate expanding payment access to digital asset companies. Governor Waller has been leading the implementation process, and a public comment period on the initial proposal closed in February. The Fed is also encouraging regional Federal Reserve Banks to temporarily pause new "Tier 3" master account decisions, which covers most crypto firms, until no later than December 2026 while the framework is finalized.

Sen. Rand Paul speaks at Grove City College: "In world history so far there is no example of technology permanently destroying employment. Technology shifts employment, yes, but permanent unemployment has never happened." "Be smarter than a hammer, more original than a robot. Be clever enough to be the master of AI, not the servant."

Trump signed an executive order expanding the Bank Secrecy Act, directing Treasury and federal regulators to strengthen customer identification requirements at banks. The stated goal is to prevent illegal immigrants from accessing credit products like mortgages, credit cards, and auto loans. The order directs Treasury to propose new rules strengthening customer due diligence and specifically flags "foreign consular identification cards" as a risk to the financial system. It claims gaps in customer identification have allowed terrorists, drug traffickers, and money launderers to exploit US financial institutions. As (theragetech) reports, the data tells a different story. Out of 28.7 million reports filed under the BSA with FinCEN in 2025, only 275 resulted in opened investigations. The problem is not a lack of information being collected. It is that the information being collected is largely useless. Expanding compliance requirements also increases the cost of banking for everyone. Financial crime compliance already costs US financial institutions an estimated $59 billion per year. Those costs get passed directly to customers through banking fees. An FDIC study found that one-third of unbanked households in 2023 cited fees or minimum balance requirements as the main reason they do not have a bank account. Black households are more than five times as likely to be unbanked. The same administration that signed an executive order last August to "guarantee fair banking for all Americans" is now expanding the surveillance infrastructure that makes banking more expensive and less accessible for the people who can least afford it.

"China has offshore yuan clearing banks in every major gold hub: London, Switzerland, Singapore, UAE, Hong Kong, and Shanghai. It's hiding in plain sight." - Luke Gromen Says commodity producers are recycling excess yuan into gold and the Saudis are settling oil the same way.

Someone connected an AI agent to their Meta Ray-Bans. Looks at a box of lens wipes, tells the agent to add them to his Amazon cart.

House passes Trump-backed bill to restrict BlackRock and other big investors from buying single-family homes.

The Trump administration is preparing an executive order, expected this week, that would create a framework for AI labs to share new models with the US government up to 90 days before public release. The NSA would handle classified testing of these models before deployment. The move was triggered by the release of Anthropic's Mythos Preview and OpenAI's GPT-5.5, both of which demonstrated advanced capabilities in identifying vulnerabilities across computer networks, including critical infrastructure systems. According to Axios and Nextgov, the national security apparatus was spooked by what these models can do and pushed for pre-release government access. The framework is described as "voluntary," but there is internal disagreement within the administration over how far to go. Intelligence agencies and the Commerce Department are fighting over who should handle model evaluation. Some officials want stronger safeguards while others want a hands-off approach to avoid slowing innovation. The key question is what "voluntary" means in practice when the entity asking for access is the NSA. Giving intelligence agencies a 90-day preview window into every frontier AI model before the public sees it is a significant expansion of government oversight over private technology development, regardless of what label gets put on it.

Trump on growing fears of AI: "I'll tell you, AI has been amazing, because right now we have more jobs, more people working right now in the United States by far, than we ever had before."

"Do you want stablecoins to buy treasuries or do you want banks to buy treasuries? Because right now two different hands in the same administration are working at cross purposes." - Luke Gromen Says paying interest on stablecoins could trigger bank runs.

Sam Altman on overdosing on GLP-1 drugs: "Taking enough of it makes you have not a desire for anything else. Few days laying in a hospital bed staring at a white ceiling thinking nothing, not wanting anything."

Jeff Bezos: "These people sometimes say I don’t pay taxes. That’s not true I pay billions of dollars in taxes… Don’t pretend that, that’s going to solve the problem." "You could double the taxes I pay, and it's not gonna help that teacher in Queens. I promise you. You can’t connect those two things."

Nakamoto Inc. (NAKA) announced a 1-for-40 reverse stock split effective May 22. The move is intended to regain compliance with Nasdaq's $1.00 minimum bid price requirement for continued listing. Outstanding shares will go from approximately 696 million to 17.4 million.

"There's a day coming where Western markets are going to go, oh, Iran actually does have a say in this." - Luke Gromen 90% of missile locations along Hormuz still active. Russia resupplying via the Caspian Sea. China through rail lines. "Western markets, we're on the clock."

BitcoinTreasuries acquires the New York Bitcoin Treasuries Unconference.

Jeff Bezos: “Why is a nurse in Queens who makes $75,000 a year paying more than $1,000 a month in taxes?”