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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
CRWV1.62%
GateMacroTradfiHub·21m 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
SPCX2.36%
GateMacroTradfiHub·1h 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