SpaceX's Star-Studded Gamble

SpaceX is prepping for a cosmic jackpot with talks about launching their Starlink satellite arm into the stock market stratosphere as early as 2024.

Starlink, Elon Musk’s galactic child, is aiming high-speed internet arrows back to Earth.

Starlink already boasts close to 5K celestial cyber carriers since 2019, claiming the lion's share of the satellite space race.

Mexico's digital destiny shines brighter with Starlink's $90 million commitment to beam down free internet till 2026.

With sales projected to rocket to an astronomical $10 billion next year, it's no wonder SpaceX is considering an IPO to let investors grab a piece of the action.

The company is busy decluttering Starlink's space closet, moving assets to a new subsidiary all set for the ultimate cash-out countdown.

Meanwhile, Musk's financial firmament remains ever-expansive, with Forbes crowning him the earthly overlord of affluence, thanks to his astronomical $248 billion fortune.

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US Shoppers Hit the Brakes on Spending Spree

In a turn of events that's got economists popping their monocles, U.S. shoppers have collectively decided to hit pause on their cash-burning binges, leading to a slight dip in retail receipts by 0.1% in October.

This cooling-off period comes hot on the heels of a summer that saw wallets flung open with wild abandon.

It seems like prices are also getting in on the chill vibe, with producer prices taking a nosedive of 0.5%, marking the steepest drop since the era of lockdowns back in April 2020.

Sure enough, gasoline costs are also taking a spectacular plunge.

The Fed must be secretly fist-pumping at the sight of demand easing up, hopefully taming the inflation beast before it decides to crash the economic soirée.

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Microsoft Goes Maverick on AI

In a bold move that has the tech world buzzing, Microsoft has unveiled its custom-designed AI chips, Maia and Cobalt, setting the stage for a grand showdown in the cloud computing colosseum.

Unlike their big tech counterparts, this duo of silicon wizards won't be up for sale – they're exclusively powering Microsoft's subscription software and Azure services.

The Maia chip, a speed demon for AI tasks, is the secret sauce behind the company's $30-a-month "Copilot" service, firing up business software for users hungry for efficiency.

It's also the muscle behind large language models like Azure OpenAI, in a collaboration with the brains that brought us ChatGPT.

As AI services devour cash ten times faster than old school services, Microsoft's strategy is to funnel AI through a common set of mega AI models, with Maia leading the charge – all in a bid to offer faster, cheaper, and higher-quality solutions.

Not to be overshadowed, the Cobalt chip flexes its CPU might as Microsoft's cost-cutting champion and a challenger to Amazon's Graviton.

Tested in the trenches of Microsoft Teams, Cobalt is set to be the public's powerhouse and a formidable foe to AWS's silicon soldiers.

Despite the company keeping the juicy tech specs close to its chest, it's clear that these 5-nanometer titans, linked with humble Ethernet rather than pricey Nvidia networks, are part of Microsoft's cunning standardization strategy.

Microsoft's latest gambit smacks of both brilliance and bravado. With a roll of the DIY dice, they're betting big on home-cooked chips to serve up a tech feast for consumers while giving the side-eye to traditional chipmakers.

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FTX's Bold $100 Million Crypto Fire S ale

As the remnants of the once-titanic FTX empire smolder, the bankrupt firm's latest strategy reeks of boldness: sell $100 million of cryptocurrency weekly.

Yet, lurking in the shadows with a regulatory red light is the SEC, poised to pounce on any misstep.

In the tumultuous aftermath of FTX's collapse and the conviction of Sam Bankman-Fried, the company's new CEO, John Ray, hustles to scrounge up lost billions.

With over $7 billion recovered, FTX's war chest includes $2.6 billion in Bitcoin and Solana and $1.7 billion in assorted cryptos.

The company's crusade for creditor payback has begun, but not without a potential skirmish with the SEC, the crypto-skeptic watchdog.

The SEC, notorious for its aversion to unlicensed crypto trading, has legal fangs bared at industry giants Binance and Coinbase.

Amid this backdrop, Coinbase's Brian Armstrong boxes with the SEC over the exchange's legitimacy, while FTX plans to sell its assets under the SEC's scrutinizing gaze.

As Congress fumbles with regulatory guidance, the SEC opts for courtroom battles over clear-cut rules.

In this legal quicksand, Judge John Dorsey gave FTX the green light for $100 million weekly crypto sales, managed by Galaxy Digital and its crypto mogul, Mike Novogratz.

Despite this, a compromise remains elusive, with the SEC and crypto exchanges tangoing in a regulatory grey zone.

As FTX readies its sales, the SEC's silence is deafening. Whether they will interfere or concede remains a cliffhanger, with the regulator's credibility hanging by a thread.

FTX's fire sale is looming, and all eyes are on the SEC: will it be the hero, the villain, or merely a regulatory roadblock?

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