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COINBASE: CO NOT BECOMING A COMMERCIAL BANK, WILL NOT BE TAKING RETAIL DEPOSITS, WILL NOT BE ENGAGING IN FRACTIONAL RESERVE BANKING
2026-04-03
COINBASE: CO NOT BECOMING A COMMERCIAL BANK, WILL NOT BE TAKING RETAIL DEPOSITS, WILL NOT BE ENGAGING IN FRACTIONAL RESERVE BANKING
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2026-04-03
British Foreign Secretary: Countries are determined to use all diplomatic and economic means to reopen the Strait of Hormuz.
British Foreign Secretary: Countries are determined to use all diplomatic and economic means to reopen the Strait of Hormuz.
2026-04-03
[Saudi Public Investment Fund Considering $5 Billion Stake in SpaceX IPO] According to two sources familiar with the matter, SpaceX has discussed with the Saudi Public Investment Fund (PIF) the possibility of the fund acquiring a major stake in its I
[Saudi Public Investment Fund Considering $5 Billion Stake in SpaceX IPO] According to two sources familiar with the matter, SpaceX has discussed with the Saudi Public Investment Fund (PIF) the possibility of the fund acquiring a major stake in its IPO for approximately $5 billion. This investment would, according to the sources, partially mitigate the dilution of the PIF's current less than 1% stake in SpaceX. Three other sources stated that SpaceX has been actively seeking major investors before its IPO, aiming to raise $75 billion, exceeding previous large IPOs such as Saudi Aramco in 2019 and Alibaba in 2014. The sources added that SpaceX is assessing investor interest in this unprecedented deal. No final decision has been made, and any investment is subject to change.
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