According to sources, SpaceX will likely sell insider shares in a potential tender offer that will value the rocket company close to $350 billion. This move could make SpaceX the most valuable private startup globally and ahead of top defence and aerospace firms like Lockheed Martin and GE Aerospace. As Bloomberg reported last month, SpaceX’s … Read more
Former UBS asset manager Helmut Jonen earned a salary of over $322,000 (£253,818) annually over a decade ago. However, he quit the bank once his passive income from investment dividends reached north of $257,000, or 80% of his UBS salary. He achieved this milestone at the age of 52. “This year, I will probably earn … Read more
The Ripple-affiliated XRP prices blasted off to reach multi-year highs of $2.47 per token before receding to $2.38 on December 2, the highest since $1.61 in May 2021. With a market capitalisation of $136 billion, Ripple XRP price predictions reached as high as $4.804 from analysts, including Javon Marks, much higher than the token’s record … Read more
Real estate investing has long been a source of stable passive income and wealth growth, driven by ever-increasing housing and commercial property demand. Best-selling author and investor Ken McElroy recently outlined on his YouTube channel how he earned $1 million (approximately £810,000) from each of his real estate ventures. Launching a Property Management Company Starting … Read more
The US Securities and Exchange Commission (SEC) approved America’s first round-the-clock national securities exchange yesterday, according to a press release. The 24X National Exchange will be set up in two phases. The first stage, expected to be implemented in the second half of 2025, would enable trading of US-listed shares between 4 a.m. and 7 … Read more
California Representative Nancy Pelosi’s investment portfolio has returned over 700% since 2014. While the former House Speaker’s husband, Paul, executes the trades, his impressive track record of consistently timing the market has given rise to criticism that Nancy could be sharing confidential market information with him, something the politician has refuted for years. While she … Read more
Berkshire Hathaway chair Warren Buffett, 94, announced yesterday via a news release that he will The decision will reduce his Berkshire Hathaway Class A holdings to 206,363, a 56.6% drop since his 2006 pledge to give away his wealth, estimated at over $150 billion, according to Forbes. He will donate 1.5 million Class B shares … Read more
Bitcoin prices have jumped by a whopping 40% since the US presidential election and are within striking distance of reaching the $ 100,000 mark, hovering above $99,000 on November 22. The digital token received a further boost as Trump fulfilled his campaign pledge to replace US Securities and Exchange Commission chair Gary Gensler, a move … Read more
Billionaire investor Warren Buffett is known for mastering the strategy of identifying and buying great businesses at lower prices. He has abided by this rule to date, with no exceptions. For the first time in six years, Buffett decided not to buy back shares of his own company, Berkshire Hathaway, in Q3 despite having over … Read more
Cryptocurrencies, including meme coins experience up price pressures after Trump’s reelection. The cryptocurrency industry has embarked on a fresh, bullish run. The prices of digital tokens, including Bitcoin and Ethereum, continue to face upward pressure after Republican Donald Trump emerged as the winner of the 2024 Presidential US elections. Trump is set to become the … Read more
