BlockBeats News: On March 25, according to market sources, SpaceX plans to raise up to $75 billion in its IPO. In earlier news today, SpaceX plans to file for an IPO as early as this week. SpaceX's latest valuation is $1.25 trillion, though the actual offering size and valuation will not be finalized until weeks before the IPO.

Gate News reported that on March 25, venture capital firm Kleiner Perkins announced it has raised $3.5 billion to support artificial intelligence market investments. The fundraising includes $1 billion raised by its KP22 fund, along with $2.5 billion for investing in growth-stage companies. Kleiner Perkins stated that current market fundamentals are favorable for expanding investment scale, market development is still in its early stage, and artificial intelligence is helping today's startups iterate and develop at an unprecedented pace.

Polymarket predictions show a 45% probability that the 10-year US Treasury yield will touch 3.7% before 2027, with a 74% probability for 3.9%. During early Asian trading on Wednesday, US Treasury yields declined slightly, with the 10-year yield at 4.34%.

CoreWeave founder Michael Intrator stated that the company leveraged GPU application capabilities accumulated through Ethereum mining to successfully transition into an AI computing power provider, achieving a valuation of $43.6 billion. Despite facing scrutiny over debt expansion, Intrator emphasized that innovative financing structures ensure effective cash flow management.

SpaceX is accelerating its IPO process, with plans to submit an IPO application to the SEC as early as this week. The company targets a valuation of $1.5 trillion to $1.75 trillion and aims to go public in 2026. The company has acquired xAI to integrate artificial intelligence with aerospace operations. Despite IPO expectations, tokenized stock prices have fallen 22%, reflecting market caution regarding uncertainty. SpaceX also holds approximately 8,285 bitcoins, increasing its influence in the crypto market.

Gate News reported that on March 25, venture capital firm Kleiner Perkins announced it has raised $3.5 billion to support the artificial intelligence market. This fundraising includes $1 billion raised by its KP22 fund, as well as $2.5 billion for investing in growth-stage companies. Kleiner Perkins stated that current market fundamentals are favorable for scaling up investment, the market development is still in an early stage, and artificial intelligence is helping today's startups iterate and develop at an unprecedented pace.

On March 25th, HYPE price reclaimed the $40+ level, with early contributor Loracle's unrealized gains reaching $1.4 million, and current holdings valued at approximately $22.3 million. Loracle has been continuously adding positions during price declines, lowering the average cost to $36, having previously bought the dip in January.

Gate News reported that on March 25, U.S. stock cryptocurrency concept stocks collectively declined, with Circle (CRCL) falling 20.1%, while the perpetual contract for this asset on Hyperliquid is currently trading at 102.7 USD. Amid the sharp decline, two on-chain whales (0xcee, 0x51b) simultaneously made bottom-fishing moves early this morning, each opening approximately 1 million USD CRCL long positions with average entry prices of 106 USD and 103 USD respectively. The nearest liquidation price is located at 95.8 USD.

BlockBeats news, March 25: According to The Information, SpaceX plans to submit its IPO application as early as this week. Previous reports indicated that SpaceX could raise over $75 billion through the IPO. SpaceX's latest valuation is $1.25 trillion, though the actual offering size and valuation will be determined just weeks before the IPO.