Coinbase’s Kalshi Push Gets New Backbone With ION’s Real-Time Trading Tech
Coinbase adopts ION’s XTP to scale its Kalshi prediction market ops, boosting COIN premarket stock 1% despite broader market declines.
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SpaceX (SPCX) shares drop premarket amid a broader market slide. Get the latest analyst outlook, stock targets, and market updates.
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Coinbase adopts ION’s XTP to scale its Kalshi prediction market ops, boosting COIN premarket stock 1% despite broader market declines.
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SpaceX has encountered reliability issues while rapidly expanding its AI data center infrastructure, with some facilities operating without backup power and cooling systems for months. The company faces a September 30 deadline to deliver 110,000 Nvidia GPUs to Google under a $920 million/month contract. To address these challenges, SpaceX is reshuffling its data center leadership team with executives from its rocket and Starlink divisions, delaying new projects, and building an in-house turbine blade manufacturing facility to accelerate deployment timelines.
SpaceX fell over 4% as 319 million shares worth about $49B became eligible for sale, with more lockup expirations still ahead.