{"id":49549,"date":"2026-05-24T09:55:10","date_gmt":"2026-05-24T09:55:10","guid":{"rendered":"https:\/\/www.europesays.com\/ai\/49549\/"},"modified":"2026-05-24T09:55:10","modified_gmt":"2026-05-24T09:55:10","slug":"ai-agent-drafts-spacex-ipo-memo-for-just-over-a-dollar-circle-ceo-wants-you-to-notice-the-currency","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/ai\/49549\/","title":{"rendered":"AI Agent Drafts SpaceX IPO Memo For Just Over A Dollar, Circle CEO Wants You To Notice The Currency"},"content":{"rendered":"<p>An AI agent produced a SpaceX IPO memo with valuation and debt analysis, versus Bloomberg terminals, which cost $24,000 annually.<\/p>\n<p>Circle\u2019s Jeremy Allaire said \u201cthe agentic economy has arrived\u201d on Saturday, after an AI agent produced a SpaceX IPO memo for $1.87 in USDC.Coinbase product lead Nick Prince showed how an AI agent analyzed SpaceX\u2019s S-1 filing and purchased live market data autonomously using USDC on Base.\u00a0Tether Chief Executive Paolo Ardoino previously predicted trillions of AI agents would eventually transact using Bitcoin and stablecoins.<\/p>\n<p>Circle (CRCL) Chief Executive Jeremy Allaire said \u201cthe agentic economy has arrived\u201d on Saturday after an artificial intelligence (AI) agent generated a detailed SpaceX (SPACE.X) initial public offering (IPO) memo for just $1.87 in USD Coin (USDC).<\/p>\n<p>Allaire\u00a0<a class=\"st-link-external\" target=\"_blank\" rel=\"noopener noreferrer nofollow\" href=\"https:\/\/x.com\/jerallaire\/status\/2058309185004015820?s=46\">highlighted<\/a> the experiment as an example of stablecoins functioning as a native payment infrastructure for AI systems. His comments came as a response to Coinbase (COIN) product lead Nick Prince\u2019s\u00a0<a class=\"st-link-external\" target=\"_blank\" rel=\"noopener noreferrer nofollow\" href=\"https:\/\/x.com\/Nick_Prince12\/status\/2058218634183667725\">demonstration<\/a> of an AI workflow that independently purchased live financial data using USDC on Base and compiled a full SpaceX investment committee memo in roughly 12 minutes.<\/p>\n<p><a class=\"st-link-external\" href=\"https:\/\/x.com\/jerallaire\/status\/2058309185004015820?s=46\" target=\"_blank\" rel=\"noopener noreferrer nofollow\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.europesays.com\/ai\/wp-content\/uploads\/2026\/05\/Screenshot_2026_05_24_at_5_27_06_AM_png_c37ce6ade4.webp\" alt=\"Screenshot 2026-05-24 at 5.27.06\u202fAM.png\" width=\"1196\" height=\"1342\"\/><\/a>Circle CEO on AI agent using USDC to create a memo. Source: @jerallaire\/x<\/p>\n<p>According to Prince, the AI agent analyzed SpaceX\u2019s S-1\u00a0<a href=\"https:\/\/stocktwits.com\/news-articles\/markets\/cryptocurrency\/spacex-ipo-shows-elon-musk-company-holds-more-bitcoin-than-tesla\/cZXz6ztReFZ\" rel=\"nofollow noopener\" target=\"_blank\">filing<\/a> and completed the process through six paid Application Programming Interface (API) calls for $1.87 in USDC, without relying on traditional Bloomberg terminals, which cost \u201c$24,000 a year,\u201d API subscriptions, or manual analyst work.<\/p>\n<p>Simply put, accessing premium data APIs typically requires creating an account, providing a credit card, and agreeing to the terms of service. Here, the AI agent made its own payments autonomously, in tiny amounts ($1.87 across 6 calls), using programmable money.<\/p>\n<p>The memo included valuation models, debt analysis, underwriting conflicts, governance risks, and long-term projections tied to SpaceX\u2019s IPO. The report ultimately gave SpaceX a \u201cHOLD\u201d rating while highlighting concerns around xAI losses, debt obligations, and Elon Musk\u2019s concentrated control over the company.<\/p>\n<p><a href=\"https:\/\/stocktwits.com\/symbol\/CRCL\" rel=\"nofollow noopener\" target=\"_blank\">Circle\u2019s stock<\/a> was down by 0.56% during after-hours trading. On Stocktwits, the retail sentiment around CRCL remained in the \u2018bearish\u2019 zone, while chatter around it moved to \u2018extremely low\u2019 from \u2018low\u2019 over the past day.<\/p>\n<p>Stablecoins Meet Autonomous Finance<\/p>\n<p>Prince argued the workflow demonstrated how stablecoin-based payment rails could lower the cost of institutional-grade financial analysis by allowing AI agents to directly access and pay for financial data in real time.<\/p>\n<p>The demonstration also added to a growing push across the crypto industry to position stablecoins as settlement infrastructure for machine-to-machine transactions and autonomous internet services.<\/p>\n<p>Tether (USDT) CEO Paolo Ardoino has made a similar argument around an emerging machine-driven economy. Earlier this year, Ardoino\u00a0<a class=\"st-link-external\" target=\"_blank\" rel=\"noopener noreferrer nofollow\" href=\"https:\/\/www.youtube.com\/watch?v=1apDjappp-8\">said<\/a> he expects \u201ctrillions\u201d of autonomous AI agents to eventually transact using Bitcoin (BTC) and USDT because traditional banks are unlikely to provide accounts or payment infrastructure for non-human systems. Tether has since\u00a0<a href=\"https:\/\/stocktwits.com\/news-articles\/markets\/cryptocurrency\/tether-open-source-wallet-kit-allows-humans-and-ai-to-build-crypto-wallets\/ch6sKZNR3oG\" rel=\"nofollow noopener\" target=\"_blank\">launched<\/a> \u201cTether AI,\u201d an open-source AI runtime built around its Wallet Development Kit to support Bitcoin and USDT payments between AI agents without centralized intermediation.<\/p>\n<p>Read also:\u00a0<a href=\"https:\/\/stocktwits.com\/news-articles\/markets\/cryptocurrency\/machi-big-brother-just-hungredk-dollar-left-arkham-report\/cZgPNHcReYL\" rel=\"nofollow noopener\" target=\"_blank\">The &#8216;King Of Liquidations&#8217; Gets Liquidated Again \u2014 Machi Big Brother Has Just $100K Left, Arkham Reports<\/a><\/p>\n<p>For updates and corrections, email newsroom[at]stocktwits[dot]com<\/p>\n<p><a class=\"STButton_lg__XBy4m text-lg px-6 gap-2 STButton_button__ObG_J h-[--size] inline-flex flex-row items-center justify-center border rounded-full font-semibold whitespace-nowrap STButton_black-secondary__xIxs1 bg-white text-black border-secondary-button-border dark|bg-transparent dark|text-white hover|!bg-light-grey-6 dark|hover|!bg-dark-grey-5 p-2\" role=\"button\" tabindex=\"0\" type=\"button\" target=\"_blank\" rel=\"noopener nofollow\" href=\"https:\/\/news.google.com\/publications\/CAAqKQgKIiNDQklTRkFnTWFoQUtEbk4wYjJOcmRIZHBkSE11WTI5dEtBQVAB\"><img decoding=\"async\" alt=\"Follow on Google News\" src=\"https:\/\/chunks-prd.stocktwits-cdn.com\/_next\/static\/media\/google-news-icon.d9c2bfd1.svg\"\/><\/a><\/p>\n<p>Subscribe to Chart Art<\/p>\n<p>Get the daily crypto email you\u2019ll actually love to read. It&#8217;s value-packed, data-driven, and seasoned with wit.<\/p>\n<p><a rel=\"noopener nofollow\" target=\"_blank\" href=\"https:\/\/www.stocktwits.com\/about-newsroom\/\" class=\"NewsArticle_editorialLink__1BMFs hover|text-blue-ada underline w-full text-base\">Read about our editorial guidelines and ethics policy<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"An AI agent produced a SpaceX IPO memo with valuation and debt analysis, versus Bloomberg terminals, which cost&hellip;\n","protected":false},"author":2,"featured_media":49550,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[22199,511,405,29496,29493,7537,8091,29494,14580,29492,29497,8493,29495,20180,18003],"class_list":["post-49549","post","type-post","status-publish","format-standard","has-post-thumbnail","category-agentic-ai","tag-agentic-economy","tag-ai-agent","tag-ai-agents","tag-ai-financial-analysis","tag-ai-investment-memo","tag-artificial-intelligence-agents","tag-autonomous-ai-agents","tag-base-blockchain","tag-circle","tag-jeremy-allaire","tag-machine-to-machine-payments","tag-spacex-ipo","tag-spacex-s-1-filing","tag-stablecoin-payments","tag-usdc"],"_links":{"self":[{"href":"https:\/\/www.europesays.com\/ai\/wp-json\/wp\/v2\/posts\/49549","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/ai\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/ai\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ai\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ai\/wp-json\/wp\/v2\/comments?post=49549"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/ai\/wp-json\/wp\/v2\/posts\/49549\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ai\/wp-json\/wp\/v2\/media\/49550"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/ai\/wp-json\/wp\/v2\/media?parent=49549"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/ai\/wp-json\/wp\/v2\/categories?post=49549"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/ai\/wp-json\/wp\/v2\/tags?post=49549"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}