Alphabet to Issue Up to $25 Billion in Bonds, SpaceX Faces 911 Million Shares Unlock

Huo Xing Finance news: On August 6, here is a summary of key market news ahead of U.S. trading: 1. Alphabet, the parent company of Google, is preparing to issue a new round of U.S. corporate bonds, aiming to raise up to $25 billion. The bonds may be divided into up to 10 tranches with maturities ranging from 2 to 40 years; the final size has not been determined. 2. SpaceX will see up to 911.5 million shares unlock today, exceeding 140% of its current outstanding shares, potentially increasing short-term stock volatility. By the end of this year, over 4 billion shares are expected to become tradable, possibly creating sustained downward pressure on the stock price, despite continued market focus on the company’s long-term fundamentals. 3. Unitree Robotics has set its IPO offering price at RMB 150.8 per share, with an estimated profit of nearly RMB 176,000 per subscription lot. Subscription opens on August 10. DeepSeek, Tencent, and others have secured strategic allocations in Unitree’s IPO. 4. ByteDance is discussing training a model with over 5 trillion parameters, surpassing Alibaba’s Qwen3.8-Max (2.4 trillion parameters) and Moonshot’s K3 (2.8 trillion parameters), making it the largest known model in China to date. Generally, larger model scale correlates with higher intelligence. 5. SoftBank Group successfully secured a $10 billion margin loan using its OpenAI shares as collateral. 6. Pre-market trading saw broad declines in U.S. semiconductor, optoelectronics, and storage stocks, with the storage sector leading losses: Western Digital (WDC) fell 15.51%, SanDisk (SNDK) dropped 11.06%, SK Hynix (SKHY) declined 7.22%, Seagate Technology (STX) fell 5.96%, and Micron Technology dropped 5.26%. 7. South Korea’s Deputy Prime Minister and Minister of Economy and Finance, Choi Sang-mok, stated this morning that under external risk shocks, only the stock market suffered severe losses—an unusual scenario—but emphasized that the government and central bank possess sufficient policy tools to manage market volatility caused by external pressures. However, markets did not respond positively to his reassurances; at today’s close, South Korea’s KOSPI index fell 302.82 points, or 4.59%, with heavyweight stocks SK Hynix down 10.3% and Samsung Electronics down 6.3%. 8. Last month, ByteDance founder Zhang Yiming explicitly stated at a Seed team all-hands meeting that the company will not treat model distillation as a shortcut to catch up with large models, even if it means temporarily falling behind domestic competitors. He urged the team to sacrifice short-term gains for long-term objectives. 9. Sources also revealed that if upcoming inflation data over the next few weeks remain strong and market expectations for higher borrowing costs rise accordingly, Powell is prepared to raise interest rates at the September meeting.