Rockrose Weekly #19

17th December 2025

SpaceX has set an $800 billion valuation through an insider share sale, making it the most valuable private company globally.
The company confirmed plans for a potential IPO in 2026, though timing and valuation remain uncertain.
SpaceX aims to use the capital to support growth initiatives including increased Starship launch activity, space-based AI data centres, and other ambitious projects.
The valuation could eventually target as high as about $1.5 trillion if the full IPO moves forward.

Read the full article here.

Google is exploring putting AI datacentres in space to meet surging demand for computing power, leveraging abundant solar energy and reduced reliance on terrestrial infrastructure under a project known as Project Suncatcher.
The plan envisions constellations of solar-powered satellites hosting AI processors, with early prototypes potentially launching by early 2027.
Space-based centres could ease land, energy, and cooling constraints on Earth, though engineering, cost, and environmental challenges remain.
This reflects a broader trend among tech giants to rethink how and where AI infrastructure is built as demand grows.

Read the full article here.

Gemini has added prediction markets to its financial super app in the US, allowing users to trade on real-world event outcomes.
The feature operates under CFTC approval, making it a regulated offering available across all 50 states.
This marks a strategic move to position Gemini as a broader financial super app, beyond crypto trading.
The launch reflects growing interest in regulated prediction markets within mainstream finance.

Read the full article here.

China is rejecting Nvidia’s H200 AI chips, despite US export approvals, signaling a push to rely on domestic semiconductor alternatives, according to White House AI czar David Sacks.
The move undermines the US strategy of using limited chip access to retain influence over China’s AI development.
It also highlights China’s accelerating focus on chip self-sufficiency, with heavy state support for local players.

Read the full article here.

Processors built on the RISC-V open instruction set are gaining traction as an alternative to proprietary architectures like x86 and Arm.
Although RISC-V currently holds a small share of the chip market, major players including Nvidia and Alibaba are backing it, and adoption is expected to grow significantly into 2026 and beyond.
Analysts see the open-standard chip market potentially expanding into a major segment of AI and data-centre computing over the next few years.

Read the full article here.

Kingley Lim started a new position as APAC Head of Culture, DEI, CSR & Talent Head SEA ANZ at Henkel

Li Min Lee has been promoted to Head of Institutional Business at Moomoo

🎧 Tom Lee on 2026: Why the First Half May Be Tough