Musk attended the "X Takeover" event in California, USA this morning on July 28, and was the first to share that his new supercar "Roadster" is expected to be unveiled at the end of this year, and the robot Optimus will become the largest product in human history. He also shared his personal concept of the symbiosis of AI and humans, and put forward deep thoughts on the future of human civilization.
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ToggleRocket project from 0 to 1, colonizing Mars can continue human civilization
Musk opened by saying that many people said his rocket plan was just empty talk, and even his own SpaceX team laughed and said it was really exaggerated. However, he then pointed out that the rocket plan has changed from "impossible" in the past to "slower progress", but the next step is to successfully recover the upper stage rocket this year or at the latest in the first half of 2026, and fully realize the "quick recovery and fully reusable" rocket system.
When talking about the Mars project, Musk pointed out that in the early days, humans would have to live in glass domes or wear Martian space suits. As for the governance of Martian society, he said that would be "a matter for Martians." He added that if a world war broke out on Earth or a meteorite hit the Earth, at least human civilization could continue on Mars, and exploring the universe and expanding the boundaries is itself a kind of human romance and motivation.
Revealed the future layout of RoboTaxi, Roadster supercar is expected to debut at the end of the year
Talking about the platform planning of self-driving taxis (RoboTaxi), Musk revealed that in the future Tesla will have both self-operated and owner-operated fleets, similar to the combination of Uber and Airbnb. As for whether the success of RoboTaxi will cause Tesla to sell fewer electric cars, Musk said with a wry smile:
"It's better not to answer this kind of interesting question yet. Talking too much will affect the stock price."
Regarding the Roadster supercar, whose progress has not been made public for many years, Musk said that the goal is to unveil it before the end of the year.
Optimus robot reaches 30 trillion mg, the largest in history
When asked about the progress of the Optimus humanoid robot, Musk said that Optimus could be the largest product in human history. He estimated that if 1 billion units can be mass-produced each year in the future and the cost of each unit drops to about $30,000, it would be equivalent to a market size of $30 trillion.
For now, they have chosen to skip the second-generation design and move directly to the more fully functional third generation. Although only a few hundred robots may be mass-produced before the end of the year, it will be the right direction towards large-scale deployment, and they will fully cooperate with the U.S. Food and Drug Administration (FDA).
Assuming Optimus goes into mass production, it will first be used in medical care and high-risk work environments. Musk said: "Optimus will definitely change the world in 10 years."
AGI and AI are developing so fast that humans need to think about the meaning of life
Regarding the arrival of artificial general intelligence (AGI), Musk admitted that the development of AI is like a "supersonic tsunami" and that there may be innovative breakthroughs this year or next year. He emphasized that making AI a truth seeker is his first requirement for AI safety, and it must also have a sense of humor, because life needs a little fun.
He added that if AI has enough reasoning and creativity, it will be able to discover new technologies and even cure all diseases in the future. However, the biggest challenge may be "how humans can find the meaning of life."
Neuralink, the brain-computer interface, is medical first and is expected to upgrade the human brain in the future
Talking about the latest developments of Neuralink, Musk revealed that currently eight paralyzed patients have been implanted with the device, and can control computers with their thoughts. The goal is to have 20 implants by the end of the year, and next year the test of the "blind visual restoration" device will be launched to directly stimulate the visual cortex.
He said that in the future it would even be possible to record and store human memories and then download them into another body or robot, theoretically achieving "digital immortality", but currently everything is prioritized over medical applications and safety.
Build X and Grok AI into a freer and more trusted social platform
Talking about the transformation vision of X, Musk said that in the future he hopes to combine audio and video, text, instant messaging, payment functions, etc. to become an all-round platform. He emphasized that the "XMoney" function is currently being tested internally, and he is also vigorously promoting the upgrade of the private messaging system to the peer-to-peer encrypted "XChat".
As for the AI assistant Grok, he said it will become one of the core functions of the platform in the future, and can even help users analyze whether an advertisement is credible. He joked:
"I've always wanted to know whether the things in the advertisements are real or fake. Now Grok can tell you."
When humans no longer work to survive, what is the value of human beings?
Facing the productivity explosion brought by AI and robots, Musk said frankly that in the future everyone will have products and services to enjoy, but the problem will become:
"If you don't have to do anything, where does your value come from?"
This is also the reason why he promotes Neuralink, hoping that humans and AI can have a deeper symbiosis and connection.
Risk Warning
Cryptocurrency investment carries a high degree of risk. Its price may fluctuate drastically and you may lose all your capital. Please assess the risk carefully.
Ark Investments, led by Cathie Wood, made a big bet on the IPO of stablecoin issuer Circle. In addition, its previous holdings of Coinbase, Block, Robinhood and Palantir all performed very well, and it has once again become the focus of investors this year. China Trust Investments and Ark Investments have jointly created Taiwan's first overseas stock active ETF 00983A, which was raised and listed on June 18 at 10 yuan. The current market price has reached 11.13, allowing Taiwanese investors to own many US technology startup stocks at once.
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ToggleTrump and Fed stimulus will drive the stock market to a year-end peak
Cathie Wood, CEO of Ark Invest, is optimistic about the stock market this year. Although the United States is experiencing some uncertainties related to the government transition, this uncertainty and weak economic activity will provide the Trump administration and the Federal Reserve with room for stimulus. She believes that the United States will enter an unexpectedly strong period. Wood expects the market to recover by the end of this year and the stock market will perform very positively.
Ark is committed to investing in disruptive innovation
Ark Investments has focused on truly disruptive innovation for many years and has a set of financial and non-financial scoring methods, such as whether the company has visionary leadership, whether the product has high technical barriers, community influence, investment theme risks (government regulation, obstacles to the development of new technologies), etc.
Ark focuses on five major innovative platforms that are developing today, including artificial intelligence, blockchain technology, energy storage, gene sequencing and robotics, and believes that the biggest opportunity for investors in the coming years lies in the convergence of these technologies, which will expand into $8 to $10 trillion in revenue opportunities and subsequently generate significant cash flow in the coming years.
For example, the fusion between artificial intelligence and gene sequencing technology allows people to detect mutations earlier and cure diseases. There are also opportunities such as artificial intelligence space exploration. As SpaceX and other companies launch satellites into space, they are creating opportunities for global air and sea broadband connections, which will provide funding for Mars missions. In the future, humanoid robots can also be used to perform inspections on humans. Wood also predicts that perhaps in 20 or 30 years, as Musk said, humans will colonize Mars!
00983A CITIC ARK Innovation Active ETF
00983A, jointly launched by Chinatrust Investment and ARK Invest, adopts an open-ended active ETF structure and invests in US listed companies. Chinatrust Investment performs active stock selection and risk control operations, and ARK Investment Management serves as an overseas consultant. Focusing on five major areas: energy storage, blockchain, artificial intelligence, gene sequencing and robotics, it is hoped that through ARK's in-depth research capabilities and Chinatrust Investment's local execution advantages, it will capture high-growth targets that have not yet been included in mainstream indexes.
The advantages of active ETFs are high transparency, low fees, and high liquidity. They can actively select stocks, make adjustments, and strive to pursue potential excess returns. Active exchange-traded funds must announce their actual investment portfolios to the market every day, and investors can buy and sell them at any time in the open market, which is highly transparent.
00983A was listed on June 18 at 10 yuan, and the current market price has reached 11.13. Ark Investment made a big bet on the IPO of stablecoin issuer Circle this year. In addition, its previous holdings of Coinbase, Block, Robinhood and Palantir have all performed very well, and it has once again become the focus of investors this year. 00983A allows investors to own many new American technology products at once. Whether it can continue to achieve good results in the future is also worth looking forward to.
Risk Warning
Cryptocurrency investment carries a high degree of risk. Its price may fluctuate drastically and you may lose all your capital. Please assess the risk carefully.
Lorenzo Valente, director of digital asset research at ARK Invest, pointed out in his latest analysis report "Big Ideas" on July 28 that the entire on-chain ecosystem has made major breakthroughs in the past year. From the surge in Ethereum L2 transaction volume, the popularity of Base, to Solana's return to the mainstream, there has been a structural shift in overall users and developers, and the DEX platform has also grown rapidly, indicating that the on-chain infrastructure is entering a new stage of efficient and large-scale application.
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ToggleEthereum expansion has greatly reduced transaction costs, with 85% of transactions shifting to L2
Valente pointed out that over the past year, Ethereum has undergone a series of technical upgrades, which have reduced L2 transaction costs by 10 to 20 times, prompting a large number of users to shift from the Ethereum mainnet to L2. More than 85% of transactions are conducted on L2.
He emphasized that this trend is still continuing and that Ethereum is expected to have more upgrades in the future, including raising the gas limit of the Ethereum mainnet, allowing specific users to freely choose to trade on the mainnet or L2.
Base becomes the L2 overlord, exchanges and technology companies also want to grab the L2 BTC
Speaking of the hottest L2 projects, Valente said that the biggest L2 story in the past year was the L2 expansion chain "Base" of the US exchange Coinbase. He said that whether it is the number of active users, transaction volume, revenue and other indicators, Base occupies more than half of the market, and even described Base as "sweeping the entire L2 ecosystem."
However, he also mentioned that the situation is changing, and more and more exchanges and technology companies are beginning to join the L2 battle.
Kraken, Robinhood, Securitize, and Worldcoin all rush into L2
Valente said that since mid-2024, many players have been rushing to advance L2. Among them, Kraken’s L2 project “Ink” directly competes with Base.
Robinhood plans to tokenize its assets and products and use the Arbitrum architecture to build the "Robinhood Chain". Securitize also worked with Ethena Labs to launch the public chain Converge, which is compatible with the Ethereum Virtual Machine (EVM). Worldcoin is also building its own L2 chain "World Chain" on the Optimism architecture.
Valente believes that the addition of these waves of new players will drive quantitative competition among L2s, and will make users turn to L2 not just because of the cheap transaction fees, but because the applications and functions of these platforms are becoming more and more abundant.
DEX transaction volume surges, accounting for 25-30% of the total
Valente further pointed out that the usage and market share of DEX have grown rapidly in the past year. At the beginning of 2024, the spot and derivative trading volumes of DEX accounted for about 8% and 3% of the overall market, respectively. But by the beginning of 2025, the proportion of spot trading has approached 20%, and recently it has even reached 25% to 30%, indicating that DEX trading volume is rapidly occupying the market share of traditional CEX.
He specifically mentioned that DEXs such as Uniswap, Raydium, Orca, and Aerodrome are much more efficient than CEXs. Many DEX teams have less than 100 employees, but can achieve the same trading volume as companies with thousands of employees such as Coinbase and Binance, showing that the potential of DeFi is quite huge.
Coinbase takes the lead in DeFi and CeFi dual-track parallel model, Hyperliquid has great potential
Valente also specifically mentioned that there is now a dual-track hybrid model of CEX and its own L2 project. For example, Coinbase itself not only operates a centralized exchange, but also supports DApps on Base. This strategy allows traditional exchanges to control both the DeFi and CeFi markets at the same time.
He expects that the proportion of DeFi transactions will increase further in the future, especially new DEXs such as Hyperliquid, which may continue to seize market share.
Solana TPS surpasses Ethereum as a whole, developers flock in
Finally, Valente mentioned that Solana would be the most noteworthy of attention this year. He said that Solana had fallen to only $8 per coin during the bear market, but now its transaction volume per second (TPS) has reached 800, far exceeding the sum of the Ethereum mainnet and all L2s.
Whether in terms of transaction volume, revenue, active users or number of developers, Solana has officially ranked among the top three in the industry. According to developer data, the number of new developers in Solana in 2024 has surpassed Ethereum, making it the preferred platform for new startups on the chain, and Base has also squeezed into the top five on the chain in terms of developer activity.
Solana’s new execution layers Fire Dancer and Alpenlow are about to go live
Valente pointed out that Solana’s next upgrade will further consolidate its own base layer. The Solana team is currently actively developing two new technologies.
First, Fire Dancer, developed by Jump Crypto, is Solana's first independent validator client. Written in C++, it has been tested to process more than 1 million transactions per second (TPS), greatly improving network performance and stability, and reducing dependence on a single software. Although Firedancer is already running on the mainnet, it has not yet participated in the consensus process and has not been fully launched.
On the other hand, Solana's core development team Anza proposed a new consensus protocol Alpenglow in 2025 to replace the current TowerBFT and Proof-of-History mechanisms. This upgrade introduces two modules, "Votor" and "Rotor", which greatly speeds up block consensus and data transmission efficiency, allowing the network to reach transaction confirmation within 100-150 milliseconds. For application scenarios that rely heavily on low latency, such as instant payments, on-chain games, and DePIN, Alpenglow is regarded as a disruptive technological breakthrough and is expected to be launched on the mainnet between 2025 and 2026.
He emphasized that these two technologies will be the core of Solana’s greatest technological belief.
Risk Warning
Cryptocurrency investment carries a high degree of risk. Its price may fluctuate drastically and you may lose all your capital. Please assess the risk carefully.
