Woofun AI reports that SpaceX intends to procure approximately 13,000 Nvidia GB300 AI server racks from Foxconn, a transaction valued at up to $52 billion.

Meanwhile, Strategy sold 2.7323 million shares of MSTR stock to raise $225 million in reserves, executing no Bitcoin purchases during the period. Bitmine expanded its Ethereum holdings by 7,430 coins and repurchased 5.5 million common shares. In other developments, Samsung Electronics, SK Hynix, and Micron Technology scaled back CXL interconnect controller commercialization plans. AerCap Holdings is negotiating to buy up to 15 Boeing 787 Dreamliners, with an announcement expected at the Farnborough International Airshow. Domino's Pizza reported Q2 revenue of $1.19 billion, exceeding estimates. Geopolitical tensions persist as Houthi rebels announced a naval blockade on Saudi Arabia, while mediators proposed a 10-day ceasefire regarding the Iran-U.S. interim agreement. Musk criticized the Silicon Valley AI community for elevating researchers over engineers.