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Industry

SpaceX to delay removal of unpermitted xAI gas turbines, operate until July 2027

SpaceX says it will remove by July 2027 unpermitted gas turbines it is operating to supply power to xAI’s Colossus data centre near Memphis and transition to a 1.2-gigawatt permanent natural gas power plant. The turbines have drawn allegations of environmental violations and lawsuits filed by the NAACP and the Southern Environmental Law Center. SpaceX says the trailer-mounted units are not subject to permits, but federal rules assess permits based on scale and use.

Crypto

Dogecoin spot net inflows jump 116 percent in August, can rebound signal hold

Dogecoin’s spot net inflow rose 116.32 percent over the past 24 hours, as inflows reached $30.83 million and outflows $30.27 million, data showed. The price has yet to show a clear rebound after a late-July correction, and the token closed July 31 down 1.42 percent. Analysts said investors may enter a new volatility regime as rate expectations shift, while regulatory uncertainty and key U.S. data keep pressure on risk assets.