MarsBitNews

During Wednesday’s financial results earnings call, Jensen Huang said that after NVIDIA invested $20 billion to acquire Groq’s technology, its custom AI chip “will be a niche product for a period of time.” At NVIDIA’s annual GTC conference in March, it unveiled a brand-new Groq language processing unit, along with a full data center rack loaded with the custom chip (named LPX). “LPX is designed for low latency and high token rates, but it has lower throughput,” Huang said. “The use cases for LPX are not widespread.” (Sina Finance)

Mars Finance news: According to SolanaFloor monitoring, Circle has minted approximately 500 million USDC on the Solana chain again within the past 24 hours.

Mars Finance News: Y Combinator has launched the YC Crypto Deals program to help startups access funding, gas fee reimbursement quotas, and crypto infrastructure support from partners such as Solana Foundation, QuickNode, Helius, Phantom, and others.

The IPO prospectus disclosed by SpaceX shows that since 2023, SpaceX and xAI have contributed approximately $890 million in revenue to Tesla, mainly from energy storage business. In 2024 and 2025, xAI will purchase $191 million and $506 million worth of Megapack energy storage batteries from Tesla respectively to support AI infrastructure development, and last year also purchased about $131 million worth of Cybertruck electric pickups. The prospectus also states that Tesla and SpaceX are jointly building the Terafab semiconductor manufacturing plant.

Mars Finance News, May 21 — According to reports, sources familiar with the matter revealed that OpenAI has been working with investment banks to prepare for submitting an initial public offering (IPO) application within the next few days or weeks. Investment banks including Goldman Sachs (GS) and Morgan Stanley (MS) are assisting OpenAI in drafting the IPO prospectus. The company plans to submit documents confidentially to regulators soon, possibly as early as this Friday. Some insiders stated that OpenAI's goal is to go public as early as September, but the related plans are still uncertain and may change in the future. (Tech Stock Bao Broadcast)

Mars Finance News, May 21 — According to market data, as Bitcoin strengthens again, altcoins are broadly rising, with privacy sector tokens leading the gains, including: NIL currently at $0.6725, a 24-hour increase of 25.07%; DASH currently at $49.62, a 24-hour increase of 17.79%; ZEC currently at $670.07, a 24-hour increase of 17.17%; ZEN currently at $6.746, a 24-hour increase of 12.73%.

SpaceX disclosed to the SEC that the total R&D investment in the Starship project has exceeded $15 billion, surpassing Elon Musk's 2018 estimate of $2 billion to $10 billion.
In 2025, R&D spending is approximately $3 billion, and in 2024, about $1.84 billion, indicating that expenditures are accelerating.
The manufacturing and launch of Starship are still taking place at the Starbase in southern Texas.

According to securities disclosures, Anthropic PBC agrees to pay approximately $45 billion to SpaceX over the next three years to acquire computing resources to support its Claude AI. The document states that Anthropic pays $1.25 billion to SpaceX each month until May 2029; either party may terminate the agreement with 90 days' prior notice.

Mars Finance News, May 21 — According to market data, the Nikkei 225 Index opened higher by 617.06 points on May 21 (Thursday), a 1.03% increase, closing at 60,421.47 points. The Korea KOSPI Index opened up by 277.63 points on May 21 (Thursday), a 3.85% rise, closing at 7,486.58 points. Samsung Electronics opened up over 5%, SK Hynix rose 3.8%.

According to financial media reports, RoboStrategy (BOT) appointed Andrew Kang as CEO. Kang is the co-founder of a robotics and embodied AI investment fund, and RoboStrategy went public on NASDAQ in 2026, focusing on related investments. The stock price is $24.21, with a market capitalization of approximately $491 million, and the portfolio includes Figure AI, Apptronik, Dyna Robotics, Dexmate, and others. Kang is also a founding partner of Mechanism Capital, which was established in 2020; RoboStrategy is its first actively managed investment firm raising external funds.

According to U.S. sources, Trump informed Netanyahu that mediators are drafting a U.S.-Iran memorandum of understanding to end the conflict and initiate a 30-day negotiation period, covering Iran's nuclear program and the opening of the Strait of Hormuz; if Iran does not provide a "100% correct answer," the situation will escalate but will eventually come to an end. Iran stated that the U.S. has responded to 14 proposals and is reviewing the new plan, but has not yet replied; Pakistan's mediators are still working to facilitate an agreement. On the market front, Bitcoin rose slightly, altcoins surged; U.S. stocks generally increased, with Nvidia, Intel, Tesla, and others performing strongly.

Mars Finance News May 21 – On May 20 Eastern Time, SpaceX officially submitted its S-1 registration statement to the U.S. Securities and Exchange Commission (SEC), applying for a listing on Nasdaq with the stock ticker "SPCX". (Kegu Bao Report)

Digital media platform Vox Media announced on Wednesday that James Murdoch is acquiring three major divisions of the company, including The New York Magazine and a podcast network, which together reach tens of millions of audiences. The deal also includes the Vox news platform, which produces content in various formats, including videos, articles, and podcasts. (Sina Finance)

Mars Finance News, on May 21, Trump stated, "If I don't get the right answer regarding Iran, things will escalate quickly; I need Iran to provide a completely 100% good answer. (Regarding Iran) Anyway, this will end soon." (Jin10)

Technology manufacturing drives export recovery, with strong exports in the first four months, led by power equipment, optical modules, AI, and other core drivers. The industry's high prosperity has propelled the collective rise of A-share technology funds. Public funds' prosperity is linked to export data, with heavy holdings focusing on high-prosperity export sectors. ETF flows, active fund performance, and holding preferences all confirm that the export mainline is a key factor in fund performance.

Mars Finance News, May 21 — SpaceX announced in its S-1 registration statement filed with the U.S. Securities and Exchange Commission (SEC) that it will allow phased unlocking of shares before the 180-day lock-up period expires, with the phases linked to company profitability, stock price, and timing milestones. On January 13, 2026, the board approved the grant of 1 billion performance-based Class B common restricted shares to Elon Musk. Today’s report states that SpaceX has officially filed for an IPO, with Musk retaining 85.1% of voting rights.