Hong Kong Hang Seng Index Falls 0.76% Today; AI, Chip Stocks Decline

Tesla registers 300 million shares of equity, Musk’s stake rebounds to 20%, and the world’s richest man’s wealth adds another $1 trillion

According to materials filed with the SEC, Tesla in 2018 issued approximately 300 million shares of common stock as stock options under the CEO performance incentive plan, with a service-oriented forfeiture condition that requires continued employment. Musk benefited from holdings of about 717 million shares, or 20.3%, but his voting rights are restricted by a voting agreement, decoupling economic rights from voting rights. If fully exercised at $23.34, the theoretical gains would reach $108 billion, not yet including his current market value of $649 billion.

Crypto ETP Market Booms With $3.4B Inflows, Says CoinShares

Crypto exchange-traded product (ETP) has mirrored a record inflow in the last week, which has helped it to bounce back to highs. According to CoinShares report the vast crypto ETPs collectively gathered $3.4 billion inflow from April 21 to April 25, the recently recorded inflow is highest since

Tron Inc. Eyes Expansion With $1B Mixed Securities Shelf

Tron Inc. files Form S-3 to raise up to $1B via mixed securities, enabling future issuances of stock, debt, and warrants; follows a June reverse merger with SRM Entertainment and TRX-backed treasury plans. Abstract: Tron Inc., a Nasdaq-listed blockchain-focused firm, filed a Form S-3 shelf registration to raise up to $1 billion through a mixed securities offering, allowing the company to issue common stock, preferred stock, debt instruments, and warrants over time. The filing aims to provide capital flexibility in response to market conditions, supporting expansion after its June public listing via a reverse merger with SRM Entertainment. The deal introduced TRX tokens as primary treasury assets and followed notable stock price activity during the post-merger period.

Is Musk doing unpaid labor at Tesla? Why did the $100 billion in 2025 compensation go to zero?

Tesla’s amended filing to the SEC shows that in 2025, Musk’s total compensation was $158.3B, but both cash and vested shares were zero—calculated only based on the fair value on the grant date. It breaks down into $132.3B in performance awards and $26.1B in interim awards; the interim awards were fully forfeited on April 21, 2026, because the Delaware court restored the 2018 compensation case by the end of 2025. Since 2019, base salary has been eliminated; compensation is entirely equity-linked and highly tied to market value. In addition, SpaceX’s confidential filing states that if the market value reaches $7.5 trillion and a colony is established on Mars, it could receive 200 million shares of super voting rights.

GDC Secures 7,500 Bitcoin Via $39.2M Share Exchange Deal

GD Culture Group to acquire Pallas Capital for about 39.2 million shares, gaining 7,500 BTC as part of its crypto-treasury strategy, while pursuing a $300M equity raise. Abstract: GD Culture Group Ltd, a Nasdaq-listed company, announced on September 16 a share-exchange to acquire all Pallas Capital Holdings Ltd, issuing about 39.2 million shares for the assets, including 7,500 BTC free and clear. The acquisition advances GD Culture's crypto-treasury strategy as it pursues a separate $300 million equity raise to fund digital-asset acquisitions, despite quarterly losses and volatile trading activity.