PANews reported on December 10th, citing Bloomberg, that if SpaceX goes public in 2026 with a valuation of $1.5 trillion, Elon Musk's net worth will jump from the current $460.6 billion to approximately $952 billion, with his SpaceX holdings alone valued at $625 billion. This IPO could be Musk's second path to becoming the world's first "instant trillionaire," following Tesla. SpaceX is currently valued at approximately $800 billion and plans to offer $2 billion in employee stock. If completed, the company will regain its title as the "world's most valuable private company."

Lawmakers in the US House of Representatives and Senate met with cryptocurrency industry leaders in three separate roundtable events this week. Members of the US Congress met with key figures in the cryptocurrency industry to discuss issues and potential laws related to the establishment of a strategic Bitcoin reserve and a market structure.On Tuesday, a group of lawmakers that included Alaska Representative Nick Begich and Ohio Senator Bernie Moreno met with Strategy co-founder Michael Saylor and others in a roundtable event regarding the BITCOIN Act, a bill to establish a strategic Bitcoin (BTC) reserve. The discussion was hosted by the advocacy organization Digital Chamber and its affiliates, the Digital Power Network and Bitcoin Treasury Council.“Legislators and the executives at yesterday’s roundtable agree, there is a need [for] a Strategic Bitcoin Reserve law to ensure its longevity for America’s financial future,” Hailey Miller, director of government affairs and public policy at Digital Power Network, told Cointelegraph. “Most attendees are looking for next steps, which may mean including the SBR within the broader policy frameworks already advancing.“Read more

