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Industry

SpaceX IPO stirs U.S. luxury market as Rolex and private jet demand signs emerge

With SpaceX\'s initial public offering confirmed, U.S. markets for luxury homes, high-end watches and private jets are showing early reactions. CNBC reported that current and former employees cannot immediately cash out their stakes, but some are already making spending plans in anticipation of future liquidity. Realtors cite rising inquiries for upscale homes in Southern California and near Austin, Texas. Watch and private jet firms also report related inquiries.

Crypto

Y Combinator urges swift Senate passage of CLARITY bill

U.S. startup accelerator Y Combinator has publicly urged the Senate to pass the CLARITY bill, a digital asset market structure proposal. It said all YC companies would eventually use cryptocurrency technology, including stablecoins, and stressed the need for a regulatory framework. The company described blockchain as an “Internet of Assets” and cited use cases such as cross-border payroll and faster marketplace payouts. The bill would clarify oversight by asset type and includes customer protections.

People

Toss Place trains aspiring entrepreneurs on payments and store operations

Toss Place, a payments terminal and POS solutions unit of Viva Republica, provided practical training for aspiring entrepreneurs on payment environments and store operations. It set up a demonstration space where participants could experience payment terminals and POS solutions used in real stores. Toss Place said it joined the Seoul Credit Guarantee Foundation’s food service start-up training programme, Prep Academy. The training included practice using Toss Front, Toss POS and Face Pay.