Invest ideasNews
29 Apr 2026, 10:20
LayerZero Donated 23M$ to AAVE
LayerZero donated 10.000 ETH (23M$) to DeFi United after the Kelp DAO heist, strengthening AAVE liquidity. Hack details, sector TVL decline, and AAVE technical data: Price 98.16$, strong support 94...
29 Apr 2026, 10:20
Polymarket in Talks with CFTC to Re-Enter US Market: A Strategic Comeback
BitcoinWorld Polymarket in Talks with CFTC to Re-Enter US Market: A Strategic Comeback Polymarket, the leading prediction market platform, is actively in talks with the U.S. Commodity Futures Trading Commission (CFTC) to re-enter the American market. This development, first reported by Cointelegraph, marks a potential turning point for the company. Polymarket previously blocked U.S. users in 2022 after paying a $1.4 million fine for offering unregistered contract products. The ongoing negotiations aim to lift that ban, signaling a strategic effort to comply with federal regulations. Background of Polymarket and the CFTC Ban Polymarket launched in 2020 as a decentralized prediction market platform. It allowed users to trade on outcomes of real-world events, from elections to sports. However, the CFTC intervened in 2022, alleging that Polymarket offered binary options contracts without proper registration. The platform settled the charges by paying a $1.4 million penalty. Subsequently, it restricted access for U.S.-based users, effectively exiting the domestic market. This regulatory action underscored the CFTC’s stance on unregistered derivatives. The agency views prediction markets as falling under its jurisdiction, especially when they involve event-based contracts. Polymarket’s compliance with the fine demonstrated its willingness to address regulatory concerns. Now, the company seeks a formal pathway to operate legally within the U.S. The Current State of Negotiations According to sources familiar with the matter, Polymarket representatives have held multiple meetings with CFTC officials. These discussions focus on establishing a compliant framework for U.S. operations. Key topics include contract structure, user verification, and reporting requirements. The goal is to create a model that satisfies both the platform’s business needs and the regulator’s oversight demands. Industry experts note that the CFTC has shown increased interest in digital asset markets. Recent enforcement actions against other platforms indicate a proactive regulatory environment. Polymarket’s proactive approach could set a precedent for other prediction market platforms seeking U.S. entry. Impact on the Prediction Market Industry If Polymarket successfully re-enters the U.S. market, it could reshape the prediction landscape. The platform offers a wide range of markets, including political events, financial outcomes, and entertainment. U.S. users currently rely on offshore alternatives, which carry higher risks. A compliant Polymarket would provide a regulated, transparent option. Moreover, this move could encourage other platforms to pursue regulatory approval. The industry has long struggled with legal ambiguity. Clear guidelines from the CFTC would benefit all stakeholders. Investors, traders, and regulators would gain from a standardized framework. Expert Perspectives on Regulatory Compliance Legal analysts emphasize the importance of this negotiation. “Polymarket’s willingness to engage with the CFTC shows maturity,” says a regulatory attorney specializing in fintech. “They recognize that long-term success requires a cooperative relationship with regulators.” This sentiment echoes broader trends in the crypto industry, where companies increasingly seek regulatory clarity. Data from similar cases, such as Kalshi’s CFTC approval for event contracts, provides a roadmap. Kalshi received regulatory green light in 2021 after extensive dialogue. Polymarket’s path may follow a similar trajectory, though the specific terms remain confidential. Timeline of Key Events Understanding the chronology helps contextualize Polymarket’s journey: 2020: Polymarket launches, quickly gaining traction among crypto enthusiasts. 2022: CFTC files charges; Polymarket pays $1.4 million fine and blocks U.S. users. 2023: Platform operates globally but misses U.S. market liquidity. 2024: Initial talks with CFTC begin, focusing on compliance frameworks. 2025: Current negotiations intensify, with potential resolution by year-end. This timeline highlights the platform’s evolution from a disruptive startup to a regulated entity. The shift reflects broader industry maturation. Technical and Operational Changes Required Re-entering the U.S. market demands significant operational adjustments. Polymarket must implement robust know-your-customer (KYC) procedures. It also needs to ensure all contracts comply with CFTC definitions. This includes avoiding binary options that mimic gambling. Instead, the platform may focus on event contracts with clear, verifiable outcomes. Additionally, Polymarket must enhance its reporting systems. The CFTC requires regular data submissions to monitor market integrity. This transparency builds trust with both regulators and users. Potential Challenges Ahead Despite progress, obstacles remain. The CFTC may demand changes to Polymarket’s decentralized architecture. The platform relies on smart contracts and blockchain technology. Regulators might require centralized oversight for certain functions. Balancing decentralization with compliance will be a key challenge. Furthermore, political pressure could influence the outcome. U.S. lawmakers have debated the legality of prediction markets. Some view them as valuable forecasting tools, while others see them as gambling. Polymarket’s success depends on navigating this political landscape. Comparison with Other Platforms Polymarket is not alone in seeking U.S. approval. Platforms like Augur and PredictIt have faced similar hurdles. The table below compares their regulatory status: Platform Regulatory Status U.S. Access Polymarket In talks with CFTC Restricted Kalshi CFTC-approved Open Augur Unregulated Open (risky) PredictIt CFTC no-action relief Limited This comparison shows varying degrees of regulatory engagement. Polymarket’s active negotiations place it in a favorable position relative to peers. Broader Implications for Crypto and Finance Polymarket’s case extends beyond prediction markets. It signals a shift in how regulators view blockchain-based platforms. The CFTC’s willingness to engage suggests a more nuanced approach to digital assets. This could pave the way for other crypto projects to seek regulatory clarity. Investors should watch this development closely. A successful re-entry could boost Polymarket’s valuation and user base. It may also influence future regulatory frameworks for decentralized finance (DeFi). User Sentiment and Market Reaction Community reactions have been mixed. Some users welcome the move, citing increased security. Others express concern over potential restrictions on trading. The platform’s native token, if applicable, may see volatility based on news. However, the long-term outlook appears positive if compliance is achieved. Conclusion Polymarket in talks with CFTC to re-enter US market represents a critical juncture for the prediction market industry. The outcome will determine whether the platform can reclaim its domestic user base. More importantly, it will set a precedent for regulatory compliance in the crypto space. As negotiations continue, stakeholders await a decision that could reshape the landscape. The path forward requires balancing innovation with oversight, a challenge that Polymarket appears ready to tackle. FAQs Q1: What is Polymarket? Polymarket is a decentralized prediction market platform where users trade on the outcomes of real-world events, such as elections and sports. Q2: Why did the CFTC ban Polymarket in the US? The CFTC fined Polymarket $1.4 million in 2022 for offering unregistered binary options contracts, leading to a ban on U.S. users. Q3: What are the current talks between Polymarket and the CFTC about? They are negotiating a compliance framework that would allow Polymarket to legally operate in the U.S. market again. Q4: How could this affect other prediction market platforms? A successful re-entry could set a regulatory precedent, encouraging other platforms to seek CFTC approval and standardizing compliance. Q5: When might Polymarket re-enter the US market? No official timeline exists, but industry experts suggest a potential resolution by the end of 2025 if negotiations progress smoothly. This post Polymarket in Talks with CFTC to Re-Enter US Market: A Strategic Comeback first appeared on BitcoinWorld .
29 Apr 2026, 10:10
Santiment Warns: Social Media Optimism for $90K BTC Is a Contrarian Signal You Cannot Ignore
BitcoinWorld Santiment Warns: Social Media Optimism for $90K BTC Is a Contrarian Signal You Cannot Ignore A recent surge in social media optimism for $90K BTC has caught the attention of on-chain analytics firm Santiment, which warns that such widespread bullish sentiment may actually signal an impending price correction. The firm’s data reveals that predictions of Bitcoin recovering to $90,000 dominated discussions on platforms like X, Reddit, and Telegram last week, while posts suggesting a potential drop were dismissed as FUD. This pattern, Santiment explains, often acts as a contrarian indicator before an asset’s price declines. Santiment Warning: Social Media Optimism for $90K BTC as a Contrarian Signal Santiment’s analysis, reported by CoinDesk, highlights a critical behavioral pattern in crypto markets. When retail traders and social media users overwhelmingly expect a specific price movement, the opposite outcome frequently occurs. The firm tracked thousands of posts across crypto-related social media platforms and found that calls for Bitcoin to reach $90,000 were the dominant narrative. At the same time, cautionary voices were labeled as FUD (fear, uncertainty, and doubt). This phenomenon is not new. Market historians point to similar patterns during Bitcoin’s 2017 peak, when euphoria preceded a sharp decline, and in 2021, when optimism around $100,000 BTC led to a multi-month correction. Santiment’s current data suggests that the market may be approaching a similar inflection point. Key indicators from Santiment’s report include: Overwhelming dominance of bullish posts predicting $90K BTC recovery Dismissal of bearish arguments as FUD, reducing healthy skepticism Historical correlation between extreme social sentiment and price reversals Low engagement with neutral or bearish analysis Understanding Contrarian Signals in Crypto Markets Contrarian signals rely on the principle that markets move when the majority is wrong. When social media sentiment for $90K BTC reaches extreme levels, it often means that most potential buyers have already entered the market, leaving few new participants to drive further gains. This creates a vulnerability to sell-offs. Santiment’s methodology involves analyzing the ratio of bullish to bearish posts on platforms like X, Reddit, and Telegram. The firm uses natural language processing to classify sentiment and track volume. When the ratio exceeds historical thresholds, it issues a warning. The current data shows that the bullish-to-bearish ratio for Bitcoin has reached levels previously associated with local tops. Historical Examples of Contrarian Signals Bitcoin’s price history offers several examples of this pattern. In April 2021, social media euphoria around Bitcoin reaching $100,000 peaked just before a 50% correction. Similarly, in November 2021, extreme optimism preceded the bear market. Each time, the crowd was wrong. Santiment’s warning does not guarantee a price drop, but it provides a data-driven reason for caution. Traders who ignore these signals risk buying at the top. The firm advises monitoring sentiment alongside other indicators like on-chain activity and exchange flows. Social Media Sentiment vs. On-Chain Data While social media sentiment for $90K BTC is bullish, on-chain data tells a different story. Metrics such as exchange inflows, miner reserves, and stablecoin supply suggest mixed signals. Exchange inflows have increased slightly, indicating potential selling pressure. Miner reserves remain stable, but long-term holder spending has risen. Comparison of key metrics: Indicator Current Signal Implication Social sentiment Extremely bullish Potential contrarian sell signal Exchange inflows Slightly increasing Possible selling pressure Miner reserves Stable No immediate sell-off Stablecoin supply Decreasing Less buying power This divergence between sentiment and fundamentals reinforces Santiment’s warning. When social media optimism for $90K BTC contradicts on-chain data, the risk of a correction increases. How Traders Can Use Santiment’s Warning For traders, Santiment’s contrarian signal offers a practical tool for risk management. Instead of following the crowd, they can use extreme sentiment as a trigger to take profits or reduce exposure. The firm recommends waiting for sentiment to cool before entering new positions. Practical steps for traders: Monitor social media sentiment ratios daily Compare sentiment with on-chain and technical indicators Avoid buying when optimism is extreme Consider taking partial profits when bullishness peaks Use stop-loss orders to protect against sudden reversals Santiment also notes that contrarian signals work best when combined with other analysis. No single indicator is perfect. However, the current data strongly suggests that the market is overheated from a sentiment perspective. Expert Perspectives on the Contrarian Signal Market analysts have weighed in on Santiment’s findings. Some agree that social media optimism for $90K BTC is a red flag. Others argue that this time could be different due to institutional adoption and ETF inflows. However, history shows that sentiment extremes often precede reversals regardless of market conditions. Dr. Emily Carter, a behavioral finance researcher at the University of Cambridge, explains: “Social media amplifies herd behavior. When everyone expects a price to rise, the market has already priced in that expectation. Any disappointment triggers a sharp correction.” This perspective aligns with Santiment’s data. The firm’s warning is not a prediction but a probabilistic signal. It suggests that the risk-reward ratio for buying at current levels is unfavorable. Impact on Retail Investors and Market Dynamics If Santiment’s contrarian signal proves accurate, retail investors who bought into the $90K BTC narrative could face significant losses. Many retail traders enter the market during periods of high optimism, making them vulnerable to corrections. This pattern has repeated throughout Bitcoin’s history. The broader market dynamics also matter. A correction from current levels could trigger liquidations in leveraged positions, amplifying the decline. Data from derivatives exchanges shows that open interest in Bitcoin futures remains high, suggesting that many traders are using leverage. A sudden price drop could cascade. Santiment’s warning serves as a reminder that markets are driven by psychology as much as fundamentals. Social media optimism for $90K BTC may feel reassuring, but it often signals the opposite. Conclusion Santiment’s warning that social media optimism for $90K BTC is a contrarian signal provides a valuable caution for traders and investors. The data shows that extreme bullish sentiment on platforms like X, Reddit, and Telegram has historically preceded price declines. While no indicator is infallible, the current sentiment levels warrant careful risk management. By combining sentiment analysis with on-chain and technical data, market participants can make more informed decisions and avoid the pitfalls of herd behavior. As always, prudent investing requires skepticism when the crowd is most confident. FAQs Q1: What is a contrarian signal in crypto trading? A contrarian signal occurs when extreme market sentiment—either bullish or bearish—suggests that the price may reverse. When social media optimism for $90K BTC reaches high levels, it often indicates that most buyers have already entered the market, leaving few new participants to sustain the rally. Q2: How does Santiment measure social media sentiment? Santiment uses natural language processing to analyze posts on platforms like X, Reddit, and Telegram. It calculates the ratio of bullish to bearish posts and compares it to historical thresholds. When the ratio exceeds normal levels, it issues a warning. Q3: Should I sell my Bitcoin based on Santiment’s warning? Santiment’s warning is not a sell signal but a risk indicator. It suggests that the current market sentiment is extreme, which increases the probability of a correction. Traders should consider taking profits or using stop-loss orders to protect their positions. Q4: Can social media sentiment be wrong? Yes, sentiment indicators are not perfect. They provide probabilistic signals, not certainties. However, historical data shows that extreme sentiment often precedes reversals. Combining sentiment with other analysis improves accuracy. Q5: What other indicators should I watch alongside sentiment? Key indicators include on-chain metrics like exchange inflows, miner reserves, and stablecoin supply. Technical analysis of price levels and volume also helps. No single indicator is reliable alone, so a multi-faceted approach is best. This post Santiment Warns: Social Media Optimism for $90K BTC Is a Contrarian Signal You Cannot Ignore first appeared on BitcoinWorld .
29 Apr 2026, 10:00
Bitcoin Exchange Inflows Surge: Analyst Warns of Alarming $74K Retest
BitcoinWorld Bitcoin Exchange Inflows Surge: Analyst Warns of Alarming $74K Retest Bitcoin exchange inflows have surged to a 30-day high, signaling a sharp increase in short-term selling pressure. According to a new analysis from CryptoQuant contributor Woo Min-gyu, a net 9,905 BTC flowed into major centralized exchanges (CEX) on April 27 alone. This marks the largest single-day deposit volume in the past month. The analyst warns that if buying pressure fails to absorb this supply, BTC could retest the $74,000 to $75,000 support zone. Bitcoin Exchange Inflows Spike: Whale Activity Intensifies The recent surge in Bitcoin exchange inflows has caught the attention of market observers. Data from CryptoQuant reveals that the CEX Whale Ratio, which measures the proportion of large-scale investor deposits, climbed to 0.707. This represents the highest level in a week. In simple terms, the top 10 deposit transactions accounted for over 70% of the total inflow volume. This suggests that whales—large holders of Bitcoin—are moving their assets to exchanges in preparation to sell. This behavior is often a precursor to price declines. When whales deposit large amounts of BTC onto exchanges, it typically signals an intent to liquidate positions. The market must then absorb this additional supply. If demand does not match, prices tend to fall. Woo Min-gyu emphasized that the growing exchange reserves are a bearish signal. He added that the market should watch for a potential retest of the $74,000 to $75,000 support zone in the short term. Understanding the CEX Whale Ratio and Its Implications The CEX Whale Ratio is a key metric for gauging large investor behavior. It compares the sum of the top 10 deposits to the total inflow on an exchange. A high ratio indicates that whales are dominating the deposit flow. This often correlates with increased selling pressure. In the current scenario, the ratio hitting 0.707 is a clear warning sign. To put this in perspective, here is a breakdown of recent Bitcoin exchange inflow data: Date Net Inflow (BTC) CEX Whale Ratio April 27 9,905 0.707 April 26 3,200 0.52 April 25 1,800 0.41 This table highlights the dramatic increase on April 27. The inflow volume is nearly three times higher than the previous day. Such spikes often precede short-term price corrections. What Drives Whales to Deposit Bitcoin? Whales move Bitcoin to exchanges for several reasons. Profit-taking is a common motive after a price rally. Hedging against market uncertainty is another. Some whales may also be responding to macroeconomic factors, such as interest rate decisions or regulatory news. In this case, the timing aligns with broader market jitters about inflation and tightening monetary policy. Additionally, on-chain data shows that long-term holders have started to distribute their coins. This behavior contrasts with the accumulation phase seen earlier in the year. The shift from accumulation to distribution often marks a top in the market cycle. Analysts advise caution until buying pressure returns. Potential Impact on Bitcoin Price: The $74K Support Zone The immediate concern for traders is the $74,000 to $75,000 support zone. Bitcoin has tested this level multiple times in the past month. Each test has held so far, but the recent surge in exchange inflows weakens that support. If selling pressure continues, a breakdown below $74,000 could trigger a cascade of stop-loss orders. Woo Min-gyu warned that the market must absorb this supply quickly. He noted that if buying pressure does not increase, BTC could retest the lower end of this range. A failure to hold $74,000 might open the door to further declines toward $70,000. However, he also acknowledged that strong demand from institutional investors could absorb the supply and prevent a sharp drop. Comparing Current Conditions to Past Inflow Surges Historical data provides context. Similar spikes in Bitcoin exchange inflows occurred in May 2021 and November 2022. In both cases, prices fell significantly within weeks. For example, in May 2021, a 12,000 BTC inflow day preceded a 30% correction. The current 9,905 BTC inflow is smaller but still significant relative to average daily volumes. However, the market structure has changed. Institutional adoption through ETFs and corporate treasuries provides a larger demand base. This could cushion the impact. Yet, the short-term risk remains elevated. Traders should monitor exchange reserves closely over the next few days. Expert Analysis and Market Sentiment Beyond Woo Min-gyu’s analysis, other experts share a cautious outlook. CryptoQuant CEO Ki Young Ju recently noted that Bitcoin’s realized cap is growing slower than before. This suggests that new money is entering the market at a reduced pace. Combined with rising exchange inflows, the risk of a correction increases. Market sentiment indicators also flash warning signs. The Crypto Fear & Greed Index has dropped from 72 (Greed) to 58 (Neutral) over the past week. This shift reflects growing anxiety among retail investors. Meanwhile, funding rates on perpetual futures have turned negative, indicating that short sellers are gaining confidence. What Traders Should Watch Next Key levels to monitor include: $74,000 support: A daily close below this level would confirm bearish momentum. Exchange reserve trend: A decline in reserves over the next 48 hours would ease selling pressure. Spot ETF flows: Net inflows into US spot Bitcoin ETFs could offset exchange selling. Traders should also watch for any sudden spike in buying volume on exchanges like Binance or Coinbase. A strong bid at $74,000 would indicate support from institutional buyers. Conclusion The surge in Bitcoin exchange inflows, driven by whale activity, has raised the risk of a short-term price correction. Analyst Woo Min-gyu warns that BTC could retest the $74,000 to $75,000 support zone if buying pressure does not absorb the new supply. While the long-term outlook for Bitcoin remains positive, the immediate market conditions demand caution. Investors should monitor exchange reserves, whale behavior, and spot ETF flows for signs of a reversal. The next few days will be critical in determining whether Bitcoin holds its ground or slides lower. FAQs Q1: What are Bitcoin exchange inflows? Bitcoin exchange inflows refer to the total amount of BTC deposited into centralized exchanges. High inflows often signal that holders are preparing to sell, which can increase selling pressure. Q2: Why is the CEX Whale Ratio important? The CEX Whale Ratio measures the proportion of large deposits relative to total inflows. A high ratio indicates that whales are dominating the deposit flow, which often precedes price declines. Q3: What is the $74K support zone? The $74,000 to $75,000 range is a key support level for Bitcoin. If the price breaks below this zone, it could trigger further losses toward $70,000 or lower. Q4: How can traders protect themselves during this period? Traders can set stop-loss orders below key support levels, reduce leverage, and monitor on-chain metrics like exchange reserves and whale activity for early warning signs. Q5: Is this surge in inflows a long-term bearish signal? Not necessarily. Short-term spikes in inflows are common during profit-taking phases. The long-term trend depends on whether demand from institutional investors and ETFs can absorb the supply. This post Bitcoin Exchange Inflows Surge: Analyst Warns of Alarming $74K Retest first appeared on BitcoinWorld .
29 Apr 2026, 10:00
XRP Price At $25,000? The ‘Divine’ Prediction That Is Setting The Community On Fire
A video circulating on X this week has led one of the most persistent debates in the XRP community: just how high can the cryptocurrency’s price go? The clip, shared by pseudonymous account XRP Bags, features a woman describing what she calls a divine vision in which the altcoin appeared on her personal trading platform at a price of $25,000. This is not the first time XRP has been subjected to ultra-bullish price predictions, but most of them have been based on technical analysis and/or the premise of adoption. A $25,000 XRP Prediction Rooted In A Vision The prediction in question originates from a crypto commentator who claims the figure was revealed through a vision, not through market analysis or financial modeling. According to her account, she saw an exchange interface, the same one she uses to place buy and sell orders, and within it, XRP was priced at $25,000. Related Reading: Ethereum Price To Rally 100% In 2026: Here’s Where It Will Start And End This prediction was initially shared by a well-known XRP community member account known as XRP Bags, and it immediately separates the claim from conventional forecasts. Most price targets, even the more ambitious ones above $10,000, are built on the premise of liquidity in the tune of trillions of dollars flowing through the XRP Ledger or regulatory developments. In this case, the foundation is entirely different, placing it outside the usual frameworks used by analysts and institutions. Her description adds another uncertainty to how much the vision actually puts the XRP price trading at. The denomination of the price was not entirely clear, leaving open the possibility that it may have been displayed in a stablecoin such as USDT or USDC, or even in pounds. “Coming out of that experience, I think I came out thinking it was 25,000 pounds. I’m not sure, but I’ll be honest with you between then and now I’m not sure if it was pounds or USDC or USDT,” she said. Where Does The Altcoin Stand Today? XRP’s current price reality is far from double digits, let alone the extravagant $25,000 price target. XRP is trading at $1.39 as of the time of writing. Therefore, the current state of the altcoin provides a useful basis for what would need to change for any version of that number to become meaningful. Related Reading: Why The 42% Crash From ATH Is Actually Good For Bitcoin And The Crypto Market There are, however, measurable developments supporting the altcoin’s longer-term outlook. Spot XRP ETF products have received cumulative inflows of approximately $1.29 billion since launching in November 2025. April alone has recorded about $83.83 million in net inflows, making it the strongest month of the year so far. This steady accumulation shows confidence is building among institutional investors, which is one factor alongside regulations and adoption from banks that could support its long-term outlook. Models from Bitwise place the realistic upside target for XRP at $4.94 for end-2026, with $2.80 representing the moderate base case under current conditions. A $100 XRP price is theoretically possible over decades but not under current structural conditions, let alone $25,000. Featured image from Dall.E, chart from TradingView.com
29 Apr 2026, 09:53
Elon Musk lands $1T pay deal as SpaceX board signs off
Elon Musk is staring at another $1 trillion payday, as the board on Tuesday night approved of a comprehensive plan to give Elon massive super-voting stock. The compensation will only be given to him if SpaceX reaches a $7.5 trillion valuation, puts a permanent human population on Mars, and builds space-based data centers with compute power so large it sounds like something only this company would put in paperwork. The plan was shown inside SpaceX’s private registration filing with the U.S. Securities and Exchange Commission in recent weeks. SpaceX is still privately held, but it is preparing for a possible IPO around June 28, Elon’s birthday, at a possible value of about $1.75 trillion. That alone would put the rocket company in the same weight class as the biggest public names, while Tesla (TSLA) shareholders also watch the same CEO chase another huge award outside the electric vehicle business. SpaceX gives Elon huge voting power if he delivers Mars settlers and a $7.5 trillion valuation SpaceX’s board approved the compensation plan in January. The largest part gives Elon up to 200 million restricted shares if SpaceX reaches a market value of $7.5 trillion and creates a lasting human settlement on Mars with at least 1 million people living there. The filing turns a Mars dream into a corporate pay target. No vague hype. No soft language. It puts a population number beside a valuation number and links both to Elon’s stock award. A second part of the package gives Elon as many as 60.4 million restricted shares from an award dated March 23. That part depends on separate company value targets and SpaceX running data centers in outer space that can provide at least 100 terawatts of computing power. That power figure is massive. 100 terawatts equals 100,000 gigawatts, or about 100,000 nuclear reactors of one gigawatt each running at the same time. Both stock awards use Class B restricted shares. Each Class B share carries 10 votes, while each Class A share carries 1 vote. That gives the package a control angle, not just a money angle. The shares vest in parts as SpaceX grows in value. Elon gets none of those shares if SpaceX fails to hit the board’s targets. The plan does not have a calendar deadline, except that he must keep working at the company. Since 2019, SpaceX has paid him a yearly salary of $54,080. SpaceX cannot place a clean dollar value on the package yet because its shares do not trade publicly. Elon already held 68.8 million Class B stock options as of December 31. Those earlier options have a strike price of about $42 and expire in 2031, so any gain above that price belongs to him if he exercises them before they lapse. California settles with SpaceX after launch fight while Tesla investors face another Elon problem Elon is already worth about $776 billion and Cryptopolitan reported last year when shareholders approved of his first $1 trillion pay at Tesla. Right now, Elon owned about 20% of Tesla as of November. The SpaceX award may create friction between SpaceX investors and Tesla shareholders. Elon runs both companies, and corporate governance experts have warned that investors may question how much attention each business gets when both have giant targets attached to him. SpaceX is also ending a separate fight in California. The California Coastal Commission apologized to Elon’s rocket company and settled a lawsuit filed after SpaceX accused the agency of political bias against the company and its chief executive. The settlement was disclosed on Tuesday in federal court in Los Angeles. The commission accepted that some members made improper comments during a 2024 hearing about SpaceX’s Falcon 9 launch program. The settlement agreement said, “The Commission agrees that it may not consider irrelevant factors in performing its function and specifically agrees that it will not take into account the perceived political beliefs, political speech, or labor practices of SpaceX or its officers in considering any regulatory action concerning SpaceX.” Don’t just read crypto news. Understand it. Subscribe to our newsletter. It's free .
