Search results for U.S. Census
Industry
Elon Musk says he will give every U.S. child 1 share of SpaceX
Elon Musk said he will give every child in the United States 1 share of SpaceX next year. Official U.S. Census statistics put the under-18 population at 72 million as of July 1, 2025, implying a distribution of 72 million shares. Valued at $146.03 per share using last Friday’s close, the stake would be about $10.5 billion. Musk did not disclose how the shares would be distributed.
Crypto
U.S. homebuyers can use bitcoin as collateral for mortgage as Better, Coinbase launch product
A new mortgage product in the United States allows homebuyers to use bitcoin to fund a down payment without selling it. Better Mortgage, part of Better Home Finance, and Coinbase opened the product to retail customers. Borrowers must pledge bitcoin worth at least 250 percent of the down payment loan and repay both loans monthly. Late payments of more than 60 days can trigger liquidation of the collateral.
AI & Enterprise
AI was meant to curb prices, but rising costs before productivity gains pose policy challenge for Fed
Silicon Valley figures have predicted AI would lift productivity and cut costs, bringing deflation. An analysis says reality is different. While company adoption is slower than expected, trillion-dollar investment in data centres and AI infrastructure is creating supply chain bottlenecks and pushing up power and equipment prices. Economists and executives say measurable productivity gains may take time. Fed officials are split, as rising electricity and related costs add inflation pressure.
