Latest news with #10X
Arabian Post
10 hours ago
- Business
- Arabian Post
Elon's blood feud with Trump will not gut SpaceX's $350 billion valuation
Matein Khalid I had analyzed SpaceX as a potential 10X winner in the Dubai media circa late 2020 when it traded at a mere $46 billion in the private market and even invited a number of close friends in an investor syndicate after sourcing shares from the Founders Fund in San Fran via the secondary market. Shakespear's Henry V praised the English longbow archers who won him the battle of Agincourt and thus the crown of France as 'we few, we happy few, we band of brothers'. I feel the same way about my SpaceX chums except our band of brothers includes a very noble sister. ADVERTISEMENT Is the 9X fairytale in SpaceX shares over, now that Elon publicly accused Trump of falsehood and even suggested that POTUS-47 was on a Jeff Epstein's Fantasy Island paedo guest list? Not at all, even though Trump has threatened to take away all Uncle Sam subsidies and contracts away from Elon's companies, now that the bromance of the century has gone sour with such a bang. Tesla (TSLA) shares naturally lost $150 billion last night on Nasdaq as TSLA plunged to 295 but a mass market EV car brand with stiff Chinese competition and declining market share cannot remotely be compared to SpaceX – Why? Unlike Tesla, SpaceX has no real technological peer and neither the Pentagon's Space Command nor NASA can or will replace SpaceX just because Trump has fallen out with Elon. America is not yet Russia, where Elon would take a jump from a window or be found with 6 bullets in his head, as happens in every Kremlin routine suicide. True, Wall Street is agog with rumours that the Navy SEAL team that whacked Osama in his safehouse is now rehearsing for even a more secret mission than Zero Dark Thirty to silence Geronimo. Jokes apart, SpaceX is too crucial to US national security, the rocket launch program and Space warfare to do anything but nurture SpaceX and help it grow bigger and richer in the years ahead for my band of brothers and noble sister. SpaceX is gaining market share and key awards and neither Trump nor even Musk can do much to derail its meteoric rise to Silicon Valley superstardom. SpaceX just won a $6 billion contract for 28 rocket launch missions critical to US national security from Space Command. Blue Origin only won a $2.4 billion contract for 7 rocket launches. SpaceX is easily the largest, most reliable, most successful, most technologically advanced space contractor for Uncle Sam and the President can do squat about this cold hard reality. SpaceX is on a roll with the world's top governments and intel agencies apart from USG/Uncle Sugar. After all, SpaceX commercial launch revenue rose by an incredible 56%, the kind of growth I see in a snappy, nappy software unicorn rather than a 20 year old Valley golden oldy that mesmerizes and owns Space, the Final Frontier… Sadly for Trump, Elon is Captain James T. Kirk and naughty even though he gets to yell 'beam me up Scotty' when the going gets tough on FX deal making with President Xi in Beijing. SpaceX is already the most profitable commercial rocket launch business the world has ever seen and its growth curve is not yet over. The FAA allowed SpaceX a five fold increase in rocket launches from its Texas base, now rebranded and incorporated as the City of Starbase. The air war between Indian and Pakistan tell the world's heads of state/spymasters that air battles will be won or lost via satellite based command and control centers, which the Chinese PLA has perfected to an art form. So I expect SpaceX to get some multi-billion dollar mega contracts from India, which is miffed at both Trump and French electronic warfare technologies. So can SpaceX command a $500 billion valuation? To borrow Obama's slogan, yes we can! Also published on Medium. Notice an issue? Arabian Post strives to deliver the most accurate and reliable information to its readers. If you believe you have identified an error or inconsistency in this article, please don't hesitate to contact our editorial team at editor[at]thearabianpost[dot]com. We are committed to promptly addressing any concerns and ensuring the highest level of journalistic integrity.
Mid East Info
15-05-2025
- Business
- Mid East Info
Al Abraaj Restaurants Group (Bahrain: ABRAAJ) Announces It has Become The First Bitcoin Treasury Company in the Middle East
Al Abraaj made a historic initial purchase of Bitcoin for its corporate treasury, becoming the first publicly listed company in the Middle East to adopt a Bitcoin treasury strategy Al Abraaj is the first publicly listed company in the Gulf Cooperation Council (GCC) and the Middle East to adopt a Bitcoin Treasury strategy, similar to MicroStrategy (Nasdaq:MSTR) and Tesla (Nasdaq: TSLA), and Metaplanet (Tokyo: 3350.T) which was the best performing stock in the world in 2024. Al Abraaj has partnered with 10X Capital ('10X'), and plans to raise capital to buy additional Bitcoin for its treasury to increase its new KPI of Bitcoin per share 10X is a NYC-based investment firm focused on the Bitcoin Treasury space, who most recently advised Nakamoto on its $710M fundraise (Nasdaq:KDLY), which was the largest capital raise to launch a Bitcoin Treasury Company and the largest private placement for any public bitcoin-related transaction ever. Al Abraaj aims to innovate on creating a Sharia'a compliant vehicle to give the Islamic world broader exposure to Bitcoin. Investors across Bahrain, Saudi Arabia, UAE, Kuwait, Qatar, and Oman can now access Bitcoin through a publicly traded stock. In fact, almost anyone in the world can buy ABRAAJ stock by registering with the Bahrain Bourse. Al Abraaj Restaurants Group B.S.C. (Ticker: ABRAAJ) ('Company'), a public listed company on the Bahrain Bourse, is pleased to announce that it has purchased Bitcoin for its balance sheet, becoming the first publicly traded company in the Kingdom of Bahrain, the Gulf Cooperation Council ('GCC'), and the Middle East to acquire Bitcoin as a treasury asset. This initiative marks a significant step in the company's commitment to innovation and diversification. Al Abraaj has acquired an initial amount of 5 Bitcoin. In alignment with the evolving financial landscape and the growing institutional interest in Bitcoin, Al Abraaj will build on this initial purchase and begin allocating a significant portion of its corporate treasury into Bitcoin. Al Abraaj considers Bitcoin to be its reserve treasury asset. Al Abraaj is a profitable company, with 2024 EBITDA of USD $12.5 million. This move is designed to enhance the company's asset portfolio and capitalize on emerging opportunities within the capital markets. Al Abraaj aims to innovate with shari'a compliant financial instruments to give the Islamic world broader exposure to Bitcoin. The Company has partnered with 10X Capital, the NYC-based investment firm with a track record of managing treasury assets for publicly listed companies, and advising and capitalizing listed Bitcoin Treasury Companies, including most recently advising Nakamoto on its $710M financing (Nasdaq:KDLY), the largest capital raise to launch a Bitcoin Treasury Company and the largest private placement for any public bitcoin-related transaction ever. In collaboration with 10X, the Company plans to raise capital to acquire additional Bitcoin, with a goal of maximizing Bitcoin per share. The decision to begin purchasing Bitcoin as a treasury asset follows comprehensive due diligence and aligns with the innovative regulatory framework established by the Central Bank of Bahrain (CBB). Al Abraaj Restaurants Group B.S.C. is committed to full compliance with all applicable laws and regulations, including those pertaining to digital asset transactions and disclosures. 'Our initiative towards becoming a Bitcoin Treasury Company reflects our forward-thinking approach and dedication to maximizing shareholder value,' said Abdulla Isa, Chairman of the Bitcoin Treasury Committee of Al Abraaj Restaurants Group B.S.C.. 'We believe that Bitcoin will play a pivotal role in the future of finance, and we are excited to be at the forefront of this transformation in the Kingdom of Bahrain. 10X is a proven leader in advising and bringing capital to listed Bitcoin Treasury Companies, and we welcome their partnership in helping us build the MicroStrategy of the Middle East.' 'I'd like to congratulate Abdalla Isa and the team at Al Abraaj for adopting Bitcoin at the corporate treasury level, finally enabling anyone in the GCC with a brokerage account to gain Bitcoin exposure,' said Hans Thomas, CEO of 10X Capital. 'Bahrain continues to be a leader in the Middle East in Bitcoin adoption, backed by a forward-thinking regulatory framework.' Mr. Thomas added, 'The GCC, with a combined GDP of $2.2 trillion—larger than Canada, Russia, Italy, Brazil, Australia, South Korea, or Spain—over $6 trillion in sovereign wealth funds, and a population of just 57.6 million, has until now lacked a publicly listed Bitcoin treasury company like Strategy (Nasdaq: MSTR), Tesla (Nasdaq: TSLA), or Metaplanet (Tokyo: 3350.T). That changes today with ABRAAJ's historic Bitcoin purchase, giving investors across Bahrain, Saudi Arabia, UAE, Kuwait, Qatar, and Oman access to Bitcoin through a publicly traded stock. In fact, almost anyone in the world can buy ABRAAJ stock by registering with the Bahrain Bourse.' Al Abraaj Restaurants Group B.S.C. will implement robust custody, portfolio risk management and governance policies to oversee its Bitcoin holdings, including by creating a Bitcoin Committee that will consist of experienced Bitcoin investors and portfolio managers and global capital markets experts. The company intends to provide regular updates to shareholders and stakeholders regarding its Bitcoin-related activities. This strategic initiative underscores Al Abraaj Restaurants Group B.S.C.'s commitment to innovation, diversification, and long-term growth. The company looks forward to contributing to the development of Bahrain's digital economy and establishing its position as a leader in the region's financial sector.
Los Angeles Times
08-05-2025
- Health
- Los Angeles Times
The Next Era of Wellness Is About Personal Data, Not Popular Trends
LA Times Studios may earn commission from purchases made through our links. You've tried the collagen. You've followed the latest TikTok detoxes. Maybe you've even dabbled with wellness peptides, hoping they'd fill in the blanks. And still, something feels... off. It's not burnout exactly, it's more like your body is running on low-grade confusion. You're showing up, doing the 'right' things, and yet the results don't seem to match the effort. That's why more people are embracing a new approach: precision wellness. Rooted in data and tailored to biology, it's about making your wellness routine smarter, not trendier. Think fewer guesswork supplements, more clarity. Less hustle, more harmony between what your body needs and what you actually give it. That's why a growing number of health-minded people are turning to precision wellness: a more intelligent, biology-first approach that uses real data to create routines that actually work for your body, your brain, and your life. At the center of this shift is diagnostics: comprehensive blood panels, genetic testing, and gut health analysis that provide a blueprint of your body's true needs. These aren't just helpful tools, they're part of a growing shift in how people approach their health. Increasingly, diagnostic strategies once reserved for elite athletes or executives are being adapted for broader use, offering personalized insights that empower everyday wellness decisions. The goal isn't just better health outcomes, it's a better understanding, grounded in individual biology rather than generalized advice. That's the approach taken by 10X Health, a precision wellness company that uses diagnostic testing to develop deeply personalized care protocols. Rather than relying on broad lifestyle trends, the company helps clients zero in on their biology to better support energy, resilience, and long-term well-being. For someone who's constantly tired despite a clean lifestyle, the data can be revealing (and empowering). 'Most people walk away from our full diagnostic process with a completely new level of self-understanding, one that's deeply personalized and incredibly actionable,' Dawson shared. Instead of vague advice like 'eat healthy,' they receive real-time snapshots of inflammation levels, hormone balance, nutrient deficiencies, and metabolic function. The result is clarity, confidence, and control—a true departure from trial-and-error wellness routines. Gone are the days when a multivitamin and green juice were the cornerstones of a wellness routine. Today, the conversation has shifted to bio-individual care. Dawson points out that the wellness world is flooded with diets, trends, and supplements, but most lack individual relevance. 'What works for one person could be completely ineffective (or even harmful) for another,' he says. Instead, 10X grounds every recommendation in triple peer-reviewed data that reflects each person's unique biology and environment. The wellness world has long been divided — those who can afford high-level biohacking, and everyone else. Dawson says that's finally changing. 'Historically, high-level, data-driven health optimization was typically reserved for elites because of cost, complexity, and limited access,' he explains. But thanks to better testing, lower lab costs, and scalable technology, 'what once required a team of specialists and a six-figure budget can now be distilled into a structured, personalized program.' That's the goal, he adds: 'To democratize take the same science-backed strategies that were once exclusive and make them available to everyday people who want to take control of their health.' Today's most effective wellness strategies don't just help you recover; they help you stay ready. From IV nutrient therapy to mitochondrial support, more people are turning to tools that build endurance and resilience before burnout sets in. These practices aren't about indulgence; they're smart, science-based systems for keeping your body operating at full capacity: mentally, physically, and emotionally. The wellness conversation is shifting from anti-aging gimmicks to strategies that support long-term health and vitality. It's not about turning back the clock, but about feeling sharper, staying energized, and building the resilience to keep going strong, year after year. Dawson sees this evolution as the foundation of modern health optimization. 'When we talk about 'optimization,' we're referring to a proactive, data-driven approach to health that goes far beyond the traditional model of reacting to symptoms or simply maintaining the status quo,' he explains. Instead of chasing symptoms, the focus is on function — on the systems that impact your hormones, metabolism, mood, and energy. 'Optimization means identifying and correcting imbalances before they become problems, and continuously refining health strategies to support energy, longevity, cognitive function, and resilience,' Dawson says. 'It's about helping people not just survive, but truly thrive.' The unifying thread in all of these approaches is personalization. Doing what your body actually needs based on biomarker data, not blanket solutions. You don't need to overhaul your life to see results. Precision wellness is about refining the habits you already have and making them work better for your body. 'There are even regional differences that impact humans around the world,' Dawson notes. Which is why 10X Health tailors each protocol with biological specificity and cultural nuance. From what you eat to how you move, small personalized shifts have a compounding impact over time. Even just understanding your own nutrient absorption patterns or hormonal cycles can reshape your wellness routine from generic to intelligent. For some, this might include incorporating targeted peptide protocols — compounds that signal the body to regenerate tissue, enhance metabolism, or support hormone balance. When matched to your biological data, these peptides can become another tool in a highly personalized health plan, fine-tuning your wellness strategy with clinical precision. Smart health is personal, and the more we understand our own biology, the easier it becomes to create routines that actually support the lives we're living. Click here to learn more about 10x Health
Yahoo
08-02-2025
- Business
- Yahoo
Grant Cardone Predicts Bitcoin Will Reach $1M by 2030, but Still Cautions Against Buying It
It's been a rocky road for bitcoin as of late. Cryptocurrency values surged following President Donald Trump's election, including bitcoin, which reached six figures. Then, after Trump announced plans to place large tariffs on goods from Canada, Mexico and China, bitcoin fell to $92,000 — it's lowest value in three weeks. Learn More: Find Out: 4 Things You Must Do When Your Savings Reach $50,000 However, bitcoin quickly rebounded, and Grant Cardone, private equity fund manager and real estate investor, believes it will continue its upward trajectory in the coming years. 'I predict bitcoin at [$250,000] this year, and I think we hit a million dollars by 2030,' Cardone, who recently launched the 10X Space Coast Bitcoin Fund, told GOBankingRates. Cardone's optimism is based in large part on having a pro-crypto administration in power. 'Donald Trump's pro crypto, Howard Lutnick, the commerce secretary, is pro crypto,' Cardone said. 'Everybody in the administration is like, why not have a new form of currency, which is digital? It's proven — it's not a new thing. It's 15 years old. And then two days before Trump goes into office, he pops a meme coin. So these people want to try new technologies around money.' However, Cardone doesn't think everyone should go out and buy bitcoin — here's why. Cardone previously told GOBankingRates that he looks for three criteria before making a potential investment. 'No. 1 for me is, I don't want to lose my money,' he said. 'No. 2 for me is, will I get cash flow? No. 3, the perfect scenario would be not only won't I lose it and I get cash flow, but it's going to go up in value over long periods of time.' Bitcoin doesn't meet all of these criteria, so Cardone does not recommend it as an investment. 'I'm not telling people to go out and buy bitcoin,' he said. 'I don't think most people should because it doesn't [create] cash flow and it doesn't have tax advantages. And most people are going to buy bitcoin for $105,000 today, and they're going to be like now what? What are you going to do with it?' For You: Cardone doesn't believe bitcoin is a wise investment on its own, which is why he launched his 10X Space Coast Bitcoin Fund. The $87.5 million fund combines institutional-quality real estate with bitcoin purchases. 'I came up with a way for people to actually own bitcoin without buying the bitcoin,' he said. 'We're using real estate cash flow, which is very stable and it has great tax write offs. And then we're adding bitcoin, which is very unpredictable, very volatile. It could explode to the upside, it could go down. But if you can hold it for long periods of time and put the two together, you take a real estate project that would do 10% and turn it into a real estate project that could do 30% or 40% or even 50% a year.' More From GOBankingRates5 Subtly Genius Moves All Wealthy People Make With Their Money 4 Reasons All Retirees Should Have a Safety Deposit BoxThis article originally appeared on Grant Cardone Predicts Bitcoin Will Reach $1M by 2030, but Still Cautions Against Buying It
