Let's take a look at what's going on in the news this morning.

Elon Musk's merger of SpaceX with XAI creates a potential trillion dollar tech giant,

and it's sitting on a mountain of Bitcoin.

The merger is being framed as the future of space-based AI,

but it also pulls SpaceX's crypto treasury back into the spotlight.

The company is estimated to hold roughly 8,300 Bitcoin worth $650 million.

For years, SpaceX kept this position private,

avoiding the earnings volatility that plagued Tesla.

But as the combined entity preps for a massive public listing, that shield is about to drop.

Unlike Tesla, SpaceX hasn't touched its stash, signaling a long-term conviction that investors

will soon inherit along with rockets.

Moving on to our second story, Kathy Wood kept buying while the market panicked.

Ark Invest snapped up $72 million in crypto-linked stocks on Monday as Bitcoin dipped below $75,000.

The firm loaded up on shares of Robin Hood Circle and Bullish, the parent company of CoinDesk.

Wood is doubling down on her longstanding strategy,

buying equity weakness during crypto volatility.

She argues that Bitcoin remains a key diversification tool,

betting that today's lower prices on infrastructure plays like Coinbase and Corweave

are a bargain before the next adoption cycle kicks in.

And lastly, the White House met with industry insiders

to dive deep into the deal around stable coin yield.

While crypto executives outnumbered bankers at this meeting,

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