US crypto perps are live but Bitcoin may be the only market many traders can actually use
Kalshi’s broader board is now visible, but depth, spreads, funding, and venue habit will decide whether alt markets matter.
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SpaceX's stock surged nearly 8% on Monday, with Elon Musk's net worth rebounding to approximately $1.03 trillion, reclaiming the top spot on the billionaire list. Morgan Stanley released a bullish report, setting a target price of $300 and stating that the company's value is underestimated. The rally was driven by multiple catalysts, including expectations for Starship recovery, expansion of AI business, and over $12.7 billion in defense contracts.
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This year, only tech billionaires are making money: the AI boom drives a $845 billion surge in net worth, with Elon Musk alone accounting for nearly 40%.
According to the Bloomberg Billionaires Index, out of the world's 500 richest people, approximately 100 technology industry billionaires saw their combined wealth increase by $845 billion in the first nine months of this year, setting a historical record for the period. Meanwhile, billionaires from non-technology sectors saw their collective wealth shrink by $62 billion during the same timeframe. Elon Musk alone added $310 billion to his wealth in the first nine months, accounting for about 40% of the total increase in the index.
Is Bitcoin Heading Toward $90,000? Bloomberg Legend Mike McGlone and Three Experts Weigh In
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