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🚨Trend Is Your Friend🚨 Follow All Our Social Media Pages!! 👉🏼👉🏼👉🏼 Linktr.ee/Sixfootsixfigures 👈🏼👈🏼👈🏼 🔥Watchlist • Option Plays • Live Trading🔥 Stay Updated Follow 👉🏼 @SixFootSixFigures 👈🏼 ##Sixfoot6figures #SFSF #6f6f #explorepage #StreetCredNews #FromLifeForLife #TrustMyLevels #GenerationalWealth #Options #Stocks #DayTrading #Investing #Finance #IRA #FinancialFreedom #Crypto #NFTs #IPO #Bitcoin #charts #charting #dividend #investors #stockmarket #RealEstate Disclaimer: These Post are for education purposes only! (at Las Vegas, Nevada) https://www.instagram.com/p/CYSIDXqvAUY/?utm_medium=tumblr

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Elon Musk’s SpaceX added more money to its most recent equity raise, according to a securities filing on Wednesday. SpaceX held a second close of about $314 million, adding to the $850 million that CNBC reported the company raised in February. The amendment brings the round’s new total equity raised to $1.16 billion, which the company raised at a valuation of about $74 billion. Strong demand for the company’s shares centers around its ambitious Starship and Starlink projects. Starship is the next-generation rocket that Musk’s company is developing, designed to be more powerful than even the Saturn V rockets that carried astronauts to the moon. Starlink is a global satellite network, which SpaceX is beginning to use to bring high-speed internet to customers. https://www.instagram.com/p/CNtAiVvnoSn/?igshid=1ei5dv98qir0d

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Gary Gensler will lead the Securities and Exchange Commission after the Senate voted 53-45 on Wednesday to confirm his nomination to the nation’s top financial regulator. Gensler, chosen for the role by President Joe Biden, will now play a key part in enforcing and drafting the rules that govern Wall Street, investors and a wide range of other financial entities. Now, with the SEC commissioners possessing a 3-2 Democratic majority, Gensler will likely have a long to-do list after he settles in to his new job. Progressives expect the 63-year-old to follow through on his promises to look into a range of topics, including digital currencies, the GameStop trading mania and how corporate America prioritizes environmental, social and governance issues. Sen. Sherrod Brown, the chairman of the Senate Banking Committee, was quick to offer praise for Gensler following the vote. “Mr. Gensler will lead the SEC at a time when it’s become more and more obvious to most people that the stock market is detached from the reality of working families’ lives,” the Ohio Democrats said in a statement. “Mr. Gensler will bring the SEC’s focus back to the people who make this country work and push to ensure that markets are a way for families to save and invest for their kids’ education, a down payment on a home, and for a secure retirement – not a game for hedge fund managers where workers always lose.” Gensler, a former Goldman Sachs executive is perhaps best known in Washington for his unyielding work at the Commodity Futures Trading Commission, where he devised the regulatory framework for multitrillion-dollar derivatives market. https://www.instagram.com/p/CNtAbK6naTm/?igshid=6fhp90x6q8t5

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An Ark Invest webinar was held on April 13. Among the topics discussed by CEO Cathie Wood and the team were SPACs. Caution On SPACs: Ark Invest and Cathie Wood have two points of view when it comes to SPACs: "We share optimism and concern." Wood said the compensation structure of SPACs deprives individual investors and rewards the sponsors of SPACs. The large number of SPACs and early-stage companies going public is another cautionary item. The venture capital model of getting two out of 10 deals right is good for VC but not how equity markets operate, according to Wood. “We think there will be some accidents in the SPAC market," she said. Wood said some of the companies going public via SPAC could fail outright https://www.instagram.com/p/CNtARVrnvTr/?igshid=vatlxwcw9w23

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The Securities and Exchanges Commission (SEC) has been vocal about making changes to the SPAC industry. The latest change from the SEC could center around how SPAC warrants are classified. What Happened: Warrants, which are typically issued for SPACs when units begin trading, could be reclassified by the SEC according to Bloomberg. SPAC units typically represent a common share of the SPAC and a portion of a warrant for the SPAC. SPAC sponsor teams are typically given warrants as a reward to find a deal on top of their founder’s shares. “The evaluation of the accounting for contracts in an entity’s own equity, such as warrants issued by a SPAC, requires careful consideration of the specific facts and circumstances for each entity and each contract,” SEC officials said. Warrants could soon be considered liabilities instead of equity for accounting purposes. The change would create a massive nuisance for accounts and lawyers involved on SPAC deals, according to Bloomberg. https://www.instagram.com/p/CNtAGhnn2rr/?igshid=hnb6uozxff6f

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Stitch Fix shares fell more than 5% Tuesday afternoon after the company announced that founder Katrina Lake would step down as CEO. The company’s president, Elizabeth Spaulding, will start as chief executive on Aug. 1, according to a news release. Lake founded the online styling service a decade ago when she was a student at Harvard Business School. The company adds a personal touch to e-commerce by having employees pick out clothing and accessories for customers who subscribe to the service or sign up for a “Fix.” The items, tailored to each person’s style, are delivered by mail and include a pre-paid envelope for returns. Customers only pay for what they keep and the styling fee is applied to their purchases. Since Lake started Stitch Fix, it has grown into a business with about 4 million clients in the U.S. and United Kingdom and roughly 8,000 employees. At the time when Stitch Fix debuted on the stock market three years ago, she was the youngest woman to take a company public. (That distinction now belongs to Bumble CEO Whitney Wolfe Herd.) However, the company has had an often tumultuous ride on Wall Street. Its earnings reports frequently prompt selloffs, even as its stock price has ultimately risen through the years. Its shares debuted on the Nasdaq at $16.90 in 2017 and were $49.49 at market close on Tuesday. Its market value is $5.26 billion. https://www.instagram.com/p/CNs_0XXHzkF/?igshid=qhuls0v5oxbs

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SpaceX is set to send a payload to the moon in 2023, using its larger (and infrequently used) Falcon Heavy launch vehicle. The mission will fly a lander built by space startup Astrobotic, which itself will be carrying NASA’s VIPER, or Volatiles Investigating Polar Exploration Rover (this is the agency that loves torturing language to come up with fun acronyms, after all). The launch is currently set for later in the year, and this would be Falcon Heavy’s first moon mission if all goes to plan. It will not, however, be SpaceX’s first lunar outing, as the company has booked missions to launch lunar landers as early as 2022 on behalf of both Masten and Intuitive Machines. Those would both employ Falcon 9 rockets, however, at least according to current mission specs. Also, all of the above timelines so far exist only on paper, and in the business of space, delays and schedule shifts are far from unusual. This mission is an important one for all involved, however, so they’re likely to prioritize its execution. For NASA, it’s a key mission in its longer-term goals for Artemis, the program through which it seeks to return humans to the moon, and eventually establish a more permanent scientific presence there both in orbit and on the surface. Part of establishing a surface station will rely on using in-situ resources, of which water would be a hugely important one. https://www.instagram.com/p/CNs_sHrHMwS/?igshid=1tzuyac5zyy0t

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China's regulatory-imposed revamp of Jack Ma's Ant Group, transforming the hot fintech into a financial holding company, appears to have dented some investor appetite for any plans to revive what would have been the world's biggest IPO. The overhaul comes two days after affiliate Alibaba Group Holding Ltd, which owns around a one-third stake in Ant, was hit with a record $2.75 billion antitrust penalty as China tightens controls on its internet giants. Several Hong Kong and U.S.-based investors, and others who watch China's markets, said the developments seemed to limit the prospects of Ant, lowering its expected profitability and valuation. "I think there's still a lot of questions about what a post-restructured Ant looks like," said Daniel Kern, chief investment officer of TFC Financial Management in Boston, whose firm has about $3 million of Alibaba stock through the funds of other firms. New York-listed shares in Alibaba rose 9.2% on Monday and Hong Kong shares were up 3% on Tuesday as investors saw the steps as removing a key source of uncertainty for the company and relief they were not more onerous. Last year, Ant's valuation was touted at $315 billion for its IPO, which was pulled just before its November listing in Shanghai and Hong Kong. https://www.instagram.com/p/CNs_hiPn9vc/?igshid=1vr5ihhd0u0ng

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Amazon.com Inc- and Ford Motor Co-backed-backed electric vehicle startup Rivian is partnering with South Korean manufacturing company Samsung SDI Co Limited to secure batteries for its upcoming launches, according to TechCrunch. The two companies didn't disclose details of the deal. What Happened: Samsung SDI already supplies battery cells to other automakers and has a $3.2 billion, 10-year agreement with the BMW Group. Rivian, which plans to launch its first electric vehicles R1T pickup truck and R1S SUV this summer said it had been working with Samsung SDI throughout the vehicle development process. The electric vehicle startup likes to call its upcoming launches "adventure vehicles" and said they require a battery module and pack that can handle extreme temperatures and durability use cases. Rivian has raised about $8 billion since the beginning of 2019 and is valued at $27.6 billion. The EV maker is said to be eyeing the possibility of a September initial public offering at a $50 billion valuation. https://www.instagram.com/p/CNs_XSanJF4/?igshid=1c75rd317o8h

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Spotify this morning officially announced the limited U.S. release of its first hardware device, the oddly named Car Thing, aimed at Spotify Premium subscribers. The new device — which Spotify is surprisingly offering for free plus shipping — has evolved substantially from the version that first began testing in 2019. This upgraded model has a touchscreen, a big, grippable knob for navigation, voice control features, and four preset buttons at the top for favorite music, podcasts or playlists, similar to Spotify on mobile devices. The company explained its interest in Car Thing is about solving a need for customers who want a “more seamless” and personalized in-car listening experience. Although many cars today support Apple CarPlay or Android Auto, Spotify points out that the average age of a car in the U.S. is actually 11 years old and the average lifetime of cars is 18 years. That means there are still a large number of cars on the road that don’t support modern, in-car infotainment systems. Car Thing is being introduced to serve this market — and likely, to give Spotify the opportunity to explore future business models where it has a more direct relationship with customers inside the vehicle, though the company isn’t speaking to its longer-term ambitions at this time. https://www.instagram.com/p/CNs_OuznByh/?igshid=1uyzuvcfdpaes

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#Alert🚨:: Egypt seized a giant container vessel that closed off the Suez Canal last month as it sought compensation of over US$900 million for the blockage. A court in the city of Ismailia granted the request regarding the Ever Given vessel at the behest of the Suez Canal Authority, state-run Ahram Gate reported on its website. It did not say who the SCA wants compensation from. The ship’s insurer for third-party losses, the U.K. P&I Club, said in a statement that it received a claim for US$916 million, the size of which is “largely unsupported.” It said it was disappointed that the vessel was arrested on Tuesday. Egypt’s move underscores the legal complications following the container vessel’s grounding on March 23, which closed the canal for almost a week and roiled shipping markets. Logjams are expected to continue in the coming weeks at major ports such as Singapore and Rotterdam because of disruptions to schedules, according to supply-chain data provider project44. The SCA has said compensation is needed to cover losses of transit fees, damage to the waterway during the dredging and salvage efforts, and the cost of equipment and labor. It has calculated that it missed out on about $15 million of transit fees each day. The U.K. P&I Club said the claim included a US$300 million salvage bonus and another US$300 million for loss of reputation, but not the professional salvor’s claim for its services. It said a generous offer was made to settle the claim and that negotiations will continue. https://www.instagram.com/p/CNs_FF0nXYa/?igshid=k091qyrqwup8

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#Alert🚨:: When the pandemic forced everyone to stay at home last year, many gym-goers looked to at-home fitness makers to fill the void for their cardiovascular and strength-training workouts. To help meet that demand, Tempo, the five-year-old fitness startup founded by Moawia Eldeeb and Josh Augustin, closed a $220 million Series C round led by SoftBank. The company plans to use the raise to shore up its supply chain, keep up with increased consumer demand and fuel efforts such as R&D and content. Other participants in the Series C round included Bling Capital, DCM, General Catalyst, Norwest Venture Partners and Steadfast Capital Ventures. Tempo’s freestanding cabinet, which the company launched in February 2020, includes a 42-inch touchscreen with a 3D motion-tracking camera that consistently scans, tracks and coaches users as they work out. It currently sells three hardware bundles, starting at $2,495, that include accessories like barbells, dumbbells, a folding bench, a kettlebell system, a squat rack, a workout mat, a recovery foam roller and a heart rate monitor, depending on which bundle customers spring for. Users also pay a $39 monthly subscription to access on-demand and live classes. The concept for Tempo came about in 2015 when Eldeeb and Augustin developed SmartSpot, a computer vision-augmented smart screen they sold to gyms that helped trainers analyze and improve their clients’ form during workouts. With the trove of data generated and collected by SmartSpot, Eldeeb and Augustin developed a program that identified fitness users’ most common movement errors and utilized machine learning to offer unique recommendations for each individual user — a program that became part of the foundation for Tempo. https://www.instagram.com/p/CNs8vd0HYk4/?igshid=1k7d11zc6271s

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#Alert🚨:: Sales of digital nonfungible tokens soared to more than $2 billion in the first quarter — more than 20 times the volume of the previous quarter, according to a report from NonFungible.com. There were $93 million in transactions in the fourth quarter of 2020, according to the website, which tracks NFT transactions and marketplaces. Its first-quarter total does not include sales of NBA Top Shots — the video highlights that are being turned into NFTs and traded. Those trade on the Flow platform and racked up sales of $472 million in the first quarter, according to NonFungible.com. It also does not include the $69 million NFT sold by Beeple at Christie’s in March, since it was traded through a partnership with Nifty Gateway. Despite recent data showing a big drop in average prices from February, sales of NFTs at the start of the year showed an explosion of interest and buying. NonFungible.com said there were more than twice as many buyers than sellers in the first quarter, with 73,000 buyers for 33,000 sellers. The imbalance, according to the company, “is a signal of massive interest in newcomers, but also of the desire of current owners to keep their assets, which creates a phenomenon of scarcity in the market.” #sfsf #6f6f https://www.instagram.com/p/CNoTV8Hnd7V/?igshid=xuk9m6yv55t6

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#Alert🚨:: Shares of Air Canada opened higher before quickly dropping by more than five per cent in volatile early trading Tuesday following Monday evening’s news that the federal government reached a multi-million deal with the airline, which had been struggling in the pandemic. Air Canada shares opened at $28.40 on the Toronto Stock Exchange Tuesday, up more than five per cent from a market close of $27 per share, but immediately began to plunge. They were trading down more than four per cent at $25.88 about 10 minutes after opening. Months after beleaguered airlines launched negotiations over a bailout, Air Canada and the federal government announced on Monday evening that the country’s largest airline will have access to up to $5.9 billion in low-interest loans and equity financing. Under the terms of the deal, the government will buy $500 million worth of shares in the airline at a 15 per cent discount to their recent trading price through the Canada Enterprise Emergency Funding Corporation (CEEFC). It amounts to a roughly 6 per cent stake. The airline will be required to repay $4 billion in loans from the Large Employer Emergency Financing Facility (LEEFF) program. #sfsf #6f6f https://www.instagram.com/p/CNoTSmrH6EQ/?igshid=j3tgozp9a55l

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#Alert🚨:: Bitcoin (CRYPTO: BTC) has hit a new all-time high price earlier today, as the market builds enthusiasm over tomorrow's Coinbase (COIN) IPO. What Happened: Bitcoin reached a new record high of over $63,000 after rising by 5.4% from its 24-hours low under $60,000. As of press time, the coin is trading just over $100 under $63,000. The news follows a particularly high level of outflow from crypto exchanges registered yesterday, which is typically a bullish sign. Market observers largely attribute this sudden rise to the upcoming Coinbase shares offering that will take place on Nasdaq tomorrow. While some investment experts called a $100 billion valuation for Coinbase — much higher than that of the valuation of the exchange that will host its offering — is straight-up ridiculous, many are quite enthusiastic about it. ETF managers appear to be among the most excited about this offering, with some going as far as saying that their fund may buy into Coinbase as soon as it hits the market. #sfsf #6f6f https://www.instagram.com/p/CNoTLbeHwvR/?igshid=vzxf61m8x4tq

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#Alert🚨:: Bitcoin (CRYPTO: BTC) has hit a new all-time high price earlier today, as the market builds enthusiasm over tomorrow's Coinbase (COIN) IPO. What Happened: Bitcoin reached a new record high of over $63,000 after rising by 5.4% from its 24-hours low under $60,000. As of press time, the coin is trading just over $100 under $63,000. The news follows a particularly high level of outflow from crypto exchanges registered yesterday, which is typically a bullish sign. Market observers largely attribute this sudden rise to the upcoming Coinbase shares offering that will take place on Nasdaq tomorrow. #sfsf #6f6f While some investment experts called a $100 billion valuation for Coinbase — much higher than that of the valuation of the exchange that will host its offering — is straight-up ridiculous, many are quite enthusiastic about it. ETF managers appear to be among the most excited about this offering, with some going as far as saying that their fund may buy into Coinbase as soon as it hits the market. https://www.instagram.com/p/CNoS9egnI-Z/?igshid=mrtg5orqizz

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#Alert🚨:: Intercontinental Exchange Inc (NYSE:ICE)-owned New York Stock Exchange’s President Stacey Cunningham said Monday that the company would launch non-fungible tokens to mark the first true trade of six publicly listed companies. What Happened: The “NYSE First Trade” NFTs celebrate the first trades of Spotify Technology SA (NYSE:SPOT), Snowflake Inc (NYSE:SNOW), Unity Software Inc (NYSE:U), DoorDash Inc (NYSE:DASH), Roblox Corp (NYSE:RBLX), and the largest U.S. IPO of the year, Coupang Inc (NYSE:CPNG), according to post by Cunningham on LinkedIn. Cunningham revealed that during a company’s public debut, the exchange processes over 350 billion order, quote and trade messages across their markets on the busiest days. “Each message is recorded in our trading platform’s digital ledger. Only one of those messages marks the NYSE First Trade: the exact moment a company became public, creating an opportunity for others to share in their success,” wrote the executive. The First Trade NFT “memorializes that unique moment in a company’s history,” as per Cunningham. Why It Matters: Cunningham said that while the NYSE will launch with six such NFTs many more NFTs from the exchange are yet to come. https://www.instagram.com/p/CNoS6IPH4CY/?igshid=cixcz0sea1tw