SpaceX Reveals Significant Bitcoin Holdings, Nvidia Posts Record Earnings

SpaceX has made a significant move into the world of cryptocurrency, filing its S-1 with the Securities and Exchange Commission (SEC) on Wednesday. The company revealed that it holds $1.45 billion in Bitcoin, which it purchased for $661 million. This marks a substantial gain of over 100% on the company's Bitcoin holdings.

Nvidia also made headlines on Wednesday, posting record earnings that beat revenue estimates by 85%. The company reported $81.62 billion in revenue, up from $44.88 billion in the same period last year. Nvidia's earnings were driven by strong demand for its AI infrastructure products.