From ~$16K/kg on Falcon 1 to a projected ~$28/kg on Starship, we studied and estimated how @SpaceX could make space cheap enough for AI. Full report coming soon. 🚀🛰️⚡(or check our blog:

⚡️ Fintech Brief ⚡️ Circle’s Arc raises $222M at $3B FDV Per Circle’s official Q1 2026 results (May 11, 2026): $222M presale raise at a $3 billion fully diluted network valuation Investor consortium: a16z crypto, Apollo Funds, ARK Invest, BlackRock, Bullish, General Catalyst, Haun Ventures, Intercontinental Exchange, IDG Capital, Janus Henderson Investors, Marshall Wace, SBI Group, Standard Chartered Ventures ARC positioned as the native coordination asset for Arc, Circle’s institutional Layer-1 blockchain CEO @jerallaire : “Circle’s first quarter reflected strong execution against a much bigger opportunity: the rapid convergence of AI platforms and economic operating systems into a new internet stack. With the ARC token presale, momentum behind the Arc network, and the launch of our Agent Stack, we are building trusted infrastructure for AI-native economic activity and a more programmable internet financial system.” Source:

🚀Starship Flight 12 is getting close, and it's another step toward full reusability. SpaceX is targeting a no earlier than May 2026 test flight, powered by the new Raptor 3 engines: a major redesign focused on efficiency, simplicity, and rapid reusability. Jarsy Research breaks down the cost of building Starship (single-use baseline vs. 20+ reuses), see graphic below. A full report drops next week. Stay tuned!

Set a reminder for our evening space on Tuesday at 5 PM EDT! Topic: SpaceX Deep Dive W/ Jarsy SPACE: HOST: @StocksOnSpaces Co-Hosts: @StockMKTNewz @stocktalkweekly Speakers: @JarsyInc @WOLF_Financial @WolfRyan

⚡️Policy Brief⚡️ CFTC Chairman Michael S. Selig announced the initial roster of the Innovation Task Force (ITF), a unit dedicated to developing regulatory clarity for emerging asset classes and technologies. The task force was established to address cryptocurrency assets, artificial intelligence, and prediction markets. Five staff members were named to the ITF, marking the beginning of a structured regulatory approach to these rapidly evolving sectors. The composition of the task force signals the CFTC's commitment to addressing innovation while establishing coherent regulatory frameworks. The creation of a dedicated innovation task force indicates growing recognition that traditional regulatory approaches may require adaptation to accommodate new financial technologies and markets. This development reflects broader governmental efforts to establish regulatory certainty for crypto, AI, and emerging market structures. @CFTC Source: CFTC Press Release

⚡️Fintech Brief⚡️ Deutsche Boerse acquired a 1.5% stake in crypto exchange Kraken for $200 million. The investment values Kraken at $13.3 billion and represents one of the most significant institutional investments in a major cryptocurrency exchange. Kraken's co-CEO confirmed that the company has filed a confidential S-1 registration statement with the Securities and Exchange Commission, signaling preparation for a potential initial public offering. This regulatory filing follows years of speculation about whether major crypto exchanges would pursue public market access. The investment by Deutsche Boerse, a major financial market operator, underscores institutional confidence in cryptocurrency market infrastructure. The dual developments of strategic institutional investment and IPO preparation indicate growing convergence between traditional finance and digital asset platforms. @krakenfx Source: CoinDesk

⚡️Security Brief⚡️ Cloudflare announced an accelerated roadmap to achieve full post-quantum security across its entire product suite by 2029. The company plans to add post-quantum authentication using ML-DSA to origin connections by mid-2026, advancing cryptographic defenses ahead of anticipated quantum computing threats. Currently, 65% of human-initiated traffic through Cloudflare is already using post-quantum encryption. The post-quantum capabilities are being offered at no additional cost to customers, integrating quantum-resistant cryptography into standard service offerings. The shift toward post-quantum cryptography represents a significant infrastructure undertaking, with Cloudflare positioning itself at the forefront of quantum-safe technology adoption. This proactive approach to cryptographic evolution addresses concerns about long-term data security in the context of future quantum computing capabilities. @Cloudflare Source: Cloudflare Blog

⚡️Neurotech Brief⚡️ Science Corp successfully implanted its biohybrid cortical sensor in a human patient for the first time. The device represents a novel integration of synthetic electronics with living biological tissue, utilizing thin-film electrode arrays seeded with living neurons. The biohybrid interface was confirmed to record neural signals through the living neuronal layer, demonstrating functional integration between electronic components and biological neural tissue. This capability indicates a significant advancement in brain-computer interface technology. The implantation of a biohybrid sensor marks a critical step in neurotechnology development. The merger of synthetic materials with living neural cells creates new possibilities for developing neural interfaces with improved biocompatibility and signal fidelity. This achievement represents progress toward therapeutic applications in neurology and neuroprosthetics. Source: Web and IT News

⚡️Energy Brief⚡️ Lawrence Livermore National Laboratory and Inertia Enterprises announced a strategic research and development partnership focused on advancing fusion technology. The collaboration addresses three core areas: laser technology development, fusion target design, and target fabrication. The partnership brings together LLNL's national laboratory expertise and research infrastructure with Inertia Enterprises' specialized capabilities in fusion engineering. This collaboration model reflects broader efforts to leverage both government research institutions and private sector innovation in advancing fusion energy technologies. The joint R&D effort signals continued momentum in fusion research and commercialization pathways. By coordinating development efforts across critical technical domains, the partnership aims to accelerate progress toward demonstrating commercially viable fusion energy systems. Source: Lawrence Livermore National Laboratory

⚡️Energy Brief⚡️ The UK Atomic Energy Authority launched a comprehensive strategy for nuclear fusion development and deployment. The strategy includes completing the detailed design phase of the UK's STEP fusion prototype power plant, a government-supported initiative to demonstrate fusion technology for commercial application. The strategy emphasizes expanding the UK fusion supply chain and increasing participation from UK fusion companies. This approach aims to build domestic industrial capacity and economic value creation around fusion energy commercialization. The comprehensive fusion strategy reflects governmental commitment to positioning the UK as a center for fusion innovation and manufacturing. By advancing both demonstration projects and supply chain development, the UKAEA's approach addresses both technical validation and economic development objectives in the emerging fusion energy sector. @UKAEAuthority Source: World Nuclear News

⚡️Security Brief⚡️ A maximum-severity remote code execution vulnerability was discovered in Flowise, an open-source AI platform. The flaw is identified as CVE-2025-59528 and is currently being actively exploited by threat actors. Attack vector: The vulnerability stems from unsanitized input handling in the platform, enabling attackers to execute arbitrary code remotely on affected systems. Active exploitation indicates immediate risk to deployed instances. Remediation urgency: Organizations running Flowise should prioritize patching or isolating affected instances given the maximum severity rating and ongoing threat actor activity targeting this vulnerability. @Flowise Source: Trend Micro

⚡️Fintech Brief⚡️ World Liberty Financial borrowed $75 million using 5 billion WLFI tokens as collateral from a platform founded by one of its own advisors. The transaction occurred in April 2026. Transaction structure: The borrowing arrangement used the platform's native tokens (WLFI) as security for the $75 million loan, creating interconnected relationships between the lending platform and the borrower. Regulatory considerations: The arrangement highlights interdependencies and advisor relationships within decentralized finance platforms, raising questions about transaction governance and potential conflict-of-interest structures in DeFi lending. @WorldLibertyFinancial Source: CoinDesk

⚡️Neurotech Brief⚡️ Paradromics launched the Connect-One early feasibility study for Connexus, a fully implantable brain-computer interface designed to restore speech in patients with severe paralysis. FDA IDE approval was granted for the trial. Trial locations: The clinical study is being conducted at three sites: Sacramento CA, Boston MA, and Ann Arbor MI. These sites represent leading institutions in neurology and neurotech research. Clinical significance: The Connexus system represents progress toward functional restoration for severely paralyzed patients, with fully implantable design potentially improving quality of life and long-term usability compared to external systems. @Paradromics Source: Paradromics

⚡️Quantum Brief⚡️ Google and startup Oratomic published research demonstrating that AI-accelerated quantum computing may break current internet encryption sooner than previously expected. AI played an instrumental role in developing the algorithm. Industry response: The research accelerated Cloudflare's quantum-safe encryption deployment timeline from 2030+ to 2029, signaling urgent industry movement toward post-quantum cryptography adoption. Security implications: The findings underscore how AI and quantum computing convergence may compress timelines for encryption vulnerabilities, requiring organizations to advance quantum-safe infrastructure migration schedules. @Google Source: TIME