China's Central Meteorological Observatory issued a red typhoon warning at 22:00 on July 25: Typhoon No.12 Hongxia was upgraded to a strong typhoon at 22:00. The center was located about 100 km southeast of Huidong County, Huizhou, Guangdong (22.0N, 115.6E). Near‑center maximum wind 14 (42 m/s); central pressure 955 hPa. Radius of level‑7 winds 180–250 km; level‑10 winds 90 km; level‑12 winds 50 km.

Morgan Stanley analyst Adam Jonas said Friday the recent selloff has pushed SpaceX’s stock to a level that effectively prices its AI business at zero. Jonas wrote investor pessimism appears disconnected from fundamentals and creates an attractive buying opportunity. He warned upcoming lock-up expirations next month could allow insider sales and potentially drive the share price as low as $100 — a level that would imply zero or negative value for the AI unit. Jonas assigns a $300 target price, with more than 50% of the valuation attributable to SpaceX’s AI business.

据《华尔街日报》报道，马斯克旗下的隧道企业“无聊公司”（The Boring Company）拟在新一轮融资中寻求200亿美元的估值。