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Blackstone Raises $8.7B Energy Fund, 55% More Than Predecessor

Blackstone closed its fifth energy transition fund at $8.7 billion on Monday, October 19, after attracting commitments that exceeded the amount the private equity firm was prepared to accept. The fundraising represents approximately 55% growth from the predecessor fund, which raised $5.6 billion in
CRWV2.71%
GateMacroTradfiHub·7m ago
Blackstone Raises $8.7B Energy Fund, 55% More Than Predecessor

Elon Musk Pledges SpaceX Shares Worth $10.5B to 72M US Children

Elon Musk pledged to give one SpaceX share to every child in the United States next year, announcing the plan on X early Monday, October 19. The distribution could exceed $10.5 billion in value based on SpaceX's Friday closing price of $146.03 and approximately 72 million U.S. children under 18. Mus
SPCX2.83%
GateMacroTradfiHub·55m ago
Elon Musk Pledges SpaceX Shares Worth $10.5B to 72M US Children

Machi's Trading Account Drops to $5,682 After $779K Papertrade Loss

Machi's trading account balance has dropped to $5,682 following significant losses on the Papertrade platform, according to data shared by @lookonchain. The trader deposited $261K yesterday but accumulated a total trading loss of $779K, resulting in a net loss of $382K despite earning $394K in
USDC-0.01%
GateCryptoFrontier·1h ago
Machi's Trading Account Drops to $5,682 After $779K Papertrade Loss

South Korean President Lee Says Stock Market Deeply Undervalued

South Korean President Lee Jae-myung stated on October 19 that the country's stock market remains deeply undervalued and announced his administration is reviewing additional measures to strengthen market confidence. Speaking to reporters at the Chunchugwan press center at the presidential office, Le
Bloomingbit·1h ago
South Korean President Lee Says Stock Market Deeply Undervalued