Odaily Planet Daily reports that on its first day of trading after its IPO, SpaceX's stock price surged briefly as only 4.2% of its shares were outstanding. The company's price-to-sales ratio exceeded 112, higher than Tesla's 15 and Nvidia's nearly 20. SpaceX's business exhibits a "one-pronged profit, two-pronged loss" pattern. Starlink generated $11.39 billion in revenue last year, accounting for 61% of total revenue, and plans to serve over 10 million users by the end of 2025. It also plans to acquire spectrum and add 15,000 satellites to expand its direct-connect phone business. While its rocket launch business holds approximately 80% of the global commercial rocket launch market, it still incurred a loss of $657 million last year. xAI and future space computing businesses are considered high-investment ventures. Some institutions estimate that, at the current rate of loss, xAI alone could deplete Starlink's profits within the next four quarters. The prospectus shows that SpaceX has accumulated losses of $41.3 billion since its founding in 2002.

Odaily Planet Daily reports that Marc Andreessen, co-founder of a16z, published a highly satirical long article on the X platform, expressing his views on the issue of "AI regulation" and presenting his conflicting stance through two extreme narratives. In the narrative of "opposing AI regulation," Andreessen portrays regulation as a force that stifles innovation, potentially killing garage startups, weakening the Silicon Valley ecosystem, increasing compliance burdens, and restricting the development of AI and computing infrastructure. He sarcastically remarks that "if American AI regulators had disciplined our grandfathers, they would have banned horse-drawn carriages." In the narrative of "supporting AI regulation," Andreessen ironically describes the potential expansion of order, security, and industrial compliance systems that a regulatory system might bring, including large-scale compliant industries, strengthened government regulatory frameworks, and social redistribution mechanisms. However, Andreessen does not offer a single conclusion throughout the article. Instead, through highly exaggerated contrasts, he highlights the long-standing structural conflict and division between "freedom of innovation" and "security governance" in AI regulation. Previously, Anthropic issued a statement saying that the U.S. government issued an export control order on the grounds of national security authority, requiring any foreign entity to suspend all access to the artificial intelligence models Fable 5 and Mythos 5, regardless of whether the person is in the United States, including Anthropic employees who are foreign citizens.

According to Odaily Planet Daily, Qin Tian, deputy director of the Middle East Institute of the China Institutes of Contemporary International Relations, analyzed the information currently available and concluded that the ceasefire memorandum soon to be signed between the US and Iran is likely to be relatively limited in both content and effectiveness, representing a relatively weak agreement. First, the US and Iran have their own interpretations and expressions of the agreement's text. Second, the agreement does not provide clear and thorough solutions to some key contradictions and issues between the US and Iran. These key issues will need to be addressed in the next phase of negotiations. Third, accidental clashes between the two sides, including the involvement of Israel, could interfere with subsequent negotiations. The military standoff between the US and Iran in the Persian Gulf and the Strait of Hormuz continues. In Lebanon, Israel is still attacking Hezbollah forces in southern Lebanon, which could potentially lead to larger clashes and conflicts between Iran and Israel, all of which would negatively impact subsequent negotiations. (CCTV News)

According to Huoxun Finance, in the past 24 hours, a total of $195 million in positions were liquidated across all exchanges, including $103 million in long positions and $91.8433 million in short positions. Specifically, $11.9053 million in Bitcoin long positions and $26.4739 million in short positions were liquidated; $15.2702 million in Ethereum long positions and $11.2157 million in short positions were liquidated. During the same period, a total of 96,758 people worldwide were liquidated. The largest single liquidation order was for the BTCUSDT trading pair on Binance, valued at $1.9305 million.

According to the Zhipu WeChat official account, GLM-5.2 will be released to all users of the GLM Coding Plan at 5:21 PM today, covering Lite/Pro/Max/Team versions. The GLM-5.2 API will be launched next week, and the model will be officially open-sourced next week, following the MIT license.