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UPDATE: SEC staff says a buyback announcement for a non-security crypto asset in a functional system would not count as a promise of managerial efforts. In a non-functional system, pitching it as yield or returns could change the analysis. The FAQs are nonbinding staff views.
NEWS: Stanford’s 2026 AI Index, using Ipsos’ 2025 survey, found 84% of respondents in China agreed AI products and services make them excited, versus 38% in the U.S. India was at 65%; Germany 45%, Japan 46% and Italy 49%.
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NEWS: SpaceX President Gwynne Shotwell sold 342,170 shares for about $52.5M on Sept. 22, according to an SEC Form 4. The sale was under a Rule 10b5-1 plan adopted in June.
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REPORT: Musk has framed movement restoration via a Neuralink brain–spine bridge as a long-term goal. Its PRIME trial targets thought-based control of external devices; a separate 2016 primate study restored one paralyzed leg’s gait with a different system.
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UPDATE: The EU’s Oct. 6 motor-vehicle committee agenda gives the Netherlands’ Article 39 request 25 minutes for continued discussion, with no vote listed. Reuters says it concerns extending Tesla FSD Supervised across the EU.
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REPORT: RBC Capital Markets’ Tom Narayan reaffirmed an Outperform rating and $480 target for Tesla on Sept. 25. He called Robotaxi its strongest growth opportunity and forecast 464,000 Q3 deliveries, above the roughly 454,000 consensus.
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REPORT: The Information, citing people familiar with the program, says Optimus output reached several hundred robots a week in August, roughly 10× Q2’s few dozen. It also reports hand, equipment and supplier bottlenecks.
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UPDATE: The S&P 500 closed Friday 0.7% below its August record after a 0.5% gain. The session ended the index’s three-day losing streak, AP reports.
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UPDATE: Newsom’s Sept. 18 order accelerates California AI oversight and calls on Congress and Trump to adopt the state framework nationally. On Sept. 23, California named advisers to assess proposals for independent audits and a possible frontier-model kill switch.
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REPORT: Canaccord raised its Meta price target to $950 from $930, keeping a Buy rating. The firm cited Muse’s early adoption and expanding distribution across retail, glasses, Mac and a dedicated device.
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UPDATE: The White House says Trump and Xi agreed to use “super intelligence” for emerging technologies and established a bilateral dialogue on its risks and benefits, plus a channel for SI-incident communications.
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NEWS: Coinbase CEO Brian Armstrong predicts stablecoins will become AI agents’ default payment method. Coinbase’s x402 protocol already lets agents pay for APIs and services with stablecoins.
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NEWS: KeepTrack counted 11,135 Starlink satellites in orbit on Sept. 25, including 11,121 working. SpaceX says Starship is designed to deploy up to 60 V3 satellites per launch, with a potential 20x increase in downlink capacity versus Falcon 9.
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NEWS: Microsoft CEO Satya Nadella says trust is AI agents’ biggest issue, especially when they use personal credentials or act autonomously. He says users need to stay in control and be able to audit their actions.
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NEWS: SpaceXAI’s new Mid-South page says more than $90B is being invested across Memphis and Southaven, supporting 7,500+ local jobs. It also lists 3.3 GWh of Tesla Megapacks for Colossus 2.
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NEWS: Elon Musk says humanoid robots could work 168 hours a week versus 40–50 for humans, with no retirement. He framed round-the-clock robot labor as a major productivity shift in a CMG interview.
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UPDATE: Texas DMV’s robotaxi roster lists 126 Tesla Cybercabs, up from the first 7 entries on Aug. 31. These are registrations, not confirmation that all are active in passenger service.
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NEWS: SpaceX lists a Falcon 9 launch for the U.S. Space Force today from Vandenberg: USSF-385, a classified mission. The official site shows an 11:56–14:56 UTC launch window.
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NEWS: SEC Corporation Finance staff issued new FAQs on crypto-asset classification, staking receipt tokens, buybacks and secondary-market platforms. The staff says the answers are nonbinding and do not alter applicable law.
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