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Michael Saylor congratulated Elon Musk after SpaceX’s historic IPO and said 25% of the Mag8 now holds bitcoin on corporate balance sheets. His comments underscored bitcoin’s expanding presence within the upper ranks of the technology sector as more major companies add BTC to their treasuries. SpaceX IPO Puts Saylor’s Mag8 Bitcoin View in Focus Michael … Read more
Binance disclosed that it now controls more than 60% of all SpaceX derivatives trading across centralized and decentralized exchanges, the company said Friday, after recording over $5.6 billion in SPCXUSDT volume in a single 24-hour period. SpaceX Futures Rank Second Only to Bitcoin at Binance SpaceX perpetual futures are now Binance‘s second-largest traded product by … Read more
SpaceX priced the largest IPO in history Thursday night and spent Friday proving investors meant it. Record Raise, Record Wealth The company priced 555.56 million shares at $135 apiece on June 11, pulling in $75 billion in a primary offering that more than doubled Saudi Aramco’s 2019 raise. When the stock opened at $150 on … Read more
Big Short investor Steve Eisman said he would not be surprised by a Tesla-SpaceX deal, fueling speculation about Elon Musk’s next major move. The comments come as SpaceX IPO demand reportedly tops $250 billion. SpaceX IPO Demand Puts Tesla Deal Speculation Under Pressure SpaceX’s intense IPO demand has fueled investor interest in any potential deal … Read more
U.S. Senator Elizabeth Warren urged the SEC to delay SpaceX’s IPO, warning that a potential $2 trillion valuation could expose retirement savers and public investors to serious risks. SEC Delay Request Puts SpaceX’s June 12 IPO Under New Pressure With SpaceX’s IPO expected on June 12, U.S. Senator Elizabeth Warren (D-MA) on June 10 announced … Read more
SpaceX is set to price its $75 billion IPO at $135 per share on June 11, with shares debuting on the Nasdaq under the ticker SPCX at 9:30 a.m. EDT on June 12. The offering would give the company a post-IPO market cap of roughly $1.75 trillion, placing it among the largest public listings in … Read more
Defillama has begun tracking pre-IPO perpetual futures for Anthropic, OpenAI, SpaceX, and Quantinuum, as onchain traders are racing to bet on the year’s biggest private companies before they go public. Onchain Markets for Companies That Aren’t Public Yet Crypto data aggregator Defillama said it has added new pre-IPO perpetual futures markets spanning four closely watched … Read more
Bitget Wallet just opened a tokenized equity subscription for SpaceX through xStocksFi, giving regular crypto users a shot at price exposure to one of the most valuable private companies on the planet, with a $3 million total pool and a hard cutoff on June 11. The subscription is live right now and runs until June … Read more
SpaceX’s expected market debut could test whether public investors still have patience for massive private-market valuations. Devere Group says the real challenge will begin after the IPO, when investors start judging growth, spending, execution, and profitability quarter by quarter. SpaceX’s June Debut Could Test Public Demand for Historic IPO SpaceX’s long-awaited stock market debut is … Read more
Onchain analyst James Check says the conditions building across artificial intelligence (AI) stocks and upcoming initial public offerings (IPOs) are creating a setup where bitcoin ends up the most underowned and least-forced-sale asset in the market when the cycle turns. ‘Time Pain’ as a Feature James Check, founder of Checkonchain and co-author of Cointime Economics, … Read more