💸 Musk Says Becoming a Quadrillionaire Would Require Moon and Mars Factories

SpaceX CEO Elon Musk has now suggested that reaching quadrillionaire status is “not impossible”, but he also said that such wealth would require factories on the Moon and Mars and a future economy measured in mass and energy rather than in dollars.

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⚡️🇨🇦 Canada to Restrict Use of Personal Data for Custom Prices

The Canadian government is proposing stricter privacy rules that would limit businesses from using personal data to charge consumers higher prices, while giving individuals more power over their own information.

Prime Minister Mark Carney’s government released legislation on Monday to update the country’s privacy laws. Artificial Intelligence Minister Evan Solomon said the changes would restrict so-called surveillance pricing but stop short of banning it.

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🇮🇳 Adani, Jabil Alliance to Build AI Data Center Gear in India

Billionaire Gautam Adani’s group has partnered with American engineering company Jabil Inc. to manufacture AI data center equipment in India. 🤝

The two plan to develop capacity for producing multigigawatt, high-density AI racks in the country, according to a joint statement on Monday, which didn’t disclose investment details. The two partners aim to provide a one-stop solution, offering everything from design to manufacturing and deployment for AI infrastructure builders.

#BRICS

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🤖 AMD takes over MEXT to 'address growing memory constraints' in the data center

AMD on Monday announced that it had acquired MEXT, a startup that developed a memory tiering technology that makes NAND flash memory appear as DRAM to the operating system, which enables operators of data centers to save money on DRAM. AMD expects the acquisition to help customers improve system efficiency, lower operating costs, and deploy large-scale workloads more quickly.

AMD plans to incorporate MEXT's technology into its data center product portfolio and expand its capabilities to address memory-hungry AI workloads. The company already offers integrated solutions that combine processors, accelerators, networking technologies, and software, so MEXT's Predictive Memory Engine will complement the already broad portfolio.

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⚡️🤝 SpaceX Cements $60 Billion Cursor Takeover Following IPO

SpaceX has formally agreed to take over Cursor in a deal that values the AI coding startup at $60 billion, cementing a key part of Elon Musk’s efforts to catch up with rivals on coding tools. The deal is expected to close in the third quarter.

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⚡️🇺🇸🇪🇺 The European Union’s US trade deal is close to being implemented after the bloc’s lawmakers gave their final approval.

The European Parliament ratified the agreement on Tuesday, voting 440-151, with 50 abstentions. EU countries are now expected to give their final nod on June 26, the last step in a fitful, yearlong ratification process.

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⚡️🤑 Ripple Participates in Flutterwave’s Series E With Strategic Investment to Accelerate African Stablecoin Payments

Flutterwave, Africa’s leading payments infrastructure company, today announces a strategic investment from Ripple. This partnership marks the definitive next phase of Flutterwave’s long-term stablecoin strategy, seamlessly connecting its existing cross-border settlement capabilities with enterprise-grade digital liquidity. 🤝

❗️The investment is a part of Flutterwave’s Series E fundraising, which values the company at $3.2 billion.

“Flutterwave has built one of the most advanced payments networks in Africa, and as its infrastructure evolves, stablecoins are becoming central to that story,” — said Reece Merrick, Managing Director, MEA at Ripple.

🧱The partnership is built on three core pillars:
→ embedding RLUSD into Flutterwave’s payment rails and Send App remittance corridors as a primary settlement asset for high-volume channels;
→ leveraging the XRP Ledger (XRPL) for faster transaction clearing;
→ deploying a unified API to seamlessly bridge Flutterwave’s domestic network with Ripple Payments, Ripple’s global payments network.

By merging traditional fiat payment methods, including local cards, mobile wallets, and bank transfers, with Ripple’s enterprise blockchain technology, the partnership eliminates the historical friction points of African cross-border payments, such as multi-day delays and inflated FX margins.

⤴️Instead, businesses will experience guaranteed liquidity, predictable pricing, and real-time settlement. 🚀

#Stellar

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🇨🇳🇲🇲China’s President Xi Jinping pledged support for Myanmar during a visit to Beijing by Min Aung Hlaing.

"I am willing to continue strengthening our leadership (over our countries' bilateral ties), carry forward the brotherly friendship between our two peoples, deepen comprehensive strategic cooperation," — Xi told Min Aung Hlaing. 🤝

Beijing has invested in projects in Myanmar ​under its Belt and Road Initiative, including an oil ​and gas pipeline crossing the country and planned infrastructure including a deep-sea port, which are part ‌of the massive China-Myanmar Economic Corridor.

The 18 memorandums of ​cooperation were signed and covered ​areas including cross-border transportation in the Greater Mekong Subregion, free trade, disaster assistance, health, and media. Both countries, the Chinese leader added, must continue to “crack down hard” on telecom fraud, online gambling and drug trafficking.

#BRICS

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🤑 Anchorage Digital Supports Custody for Tokenized CETES, Etherfuse's Tokenized Mexican Government Debt on Stellar

Anchorage Digital, home to America's first federally regulated crypto bank, today announced custody support for CETES, tokenized Mexican government debt issued by Etherfuse on the Stellar blockchain. 🎉

❗️CETES are short-term Mexican Federal Treasury Certificates, among Mexico's most widely held government debt instruments.

The collaboration brings together three complementary roles across the tokenized asset lifecycle:
→ Etherfuse tokenizes the underlying government instrument;
→ Stellar provides the network for onchain movement;
→ Anchorage Digital provides institutional custody.

Together, the model demonstrates how tokenized real-world assets can move from issuance to network infrastructure to secure institutional custody. 🤝

Support for CETES expands the range of tokenized real-world assets institutions can hold at Anchorage Digital and deepens the company's commitment to Mexico and Latin America. As established financial instruments move onchain, institutions need secure, compliant infrastructure to hold them, and a single platform where global assets can sit alongside the rest of their holdings.

"Tokenized real-world assets are one of the clearest demonstrations of how blockchain can improve access to global markets. We're glad to see Anchorage Digital support CETES on Stellar as institutions look for secure ways to hold tokenized assets," — Raja Chakravorti, Chief Business Officer at Stellar Development Foundation.

#Stellar

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🍎Apple Plans Camera AirPods Alongside Upgraded Foldable iPhone in 2027

Apple Inc.’s upcoming camera-equipped AirPods, a product meant to vault the company into the AI device market, is scheduled to launch in late 2027 as part of a flurry of new releases. The company aims to release the device around the same time as a next-generation foldable phone and a fresh iPhone model that will mark that product’s 20th anniversary.

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🤑Why The DTCC is tokenizing on Stellar, according to Tomer Weller during Stable Summit

→ Institutional track record
→ Uptime and the rails to handle TradFi
→ Trust built on years of collaboration 🤝

#Stellar

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