SpaceX Bitcoin Treasury in Focus as Pre-IPO Market Launches at $1.78 Trillion Valuation
Reuters reports SpaceX could be valued at $1.75 trillion and list $75 billion in shares as it seeks a Nasdaq debut.
- Elon Musk-owned SpaceX is expected to go public in June in Wall Street's largest-ever IPO, targeting a valuation between $1.75 trillion and $2 trillion while raising $75 billion.
- Following a confidential April 1 filing with the Securities and Exchange Commission, SpaceX aims for a roadshow on June 4 and debut by June 12, building on its dominance with more than 80% of rocket launches worldwide last year.
- Trade.xyz launched SPCX-USDC, a synthetic perpetual futures contract tracking SpaceX's common stock, avoiding legal risks that caused other tokenized stock products to crash roughly 50% last week.
- In its first session, SPCX-USDC hit a high of $216 before settling at $202.89, drawing $33 million in 24-hour volume and showcasing intense investor enthusiasm.
- While investors tell The Financial Times "Never bet against Elon," analysts warn the massive valuation could fuel "speculative excess," noting a $2 trillion IPO would generate less than 15% of Aramco's revenue.
15 Articles
15 Articles
It is likely to be the biggest IPO of all time: Elon Musk's space company SpaceX is said to be worth up to two trillion dollars. This shifts the power structure on the stock market. Passive investors, who invest in funds like ETFs, are particularly affected.
Why Intuitive Machines Stock Popped Then Dropped
Key PointsReuters reported over the weekend that SpaceX will probably IPO on June 12.Investors bid up space stocks this morning on the news -- then had second thoughts.10 stocks we like better than Intuitive Machines › SpaceX IPO excitement is reaching a fever pitch, driving space stocks sharply higher Monday morning -- temporarily. Intuitive Machines (NASDAQ: LUNR) stock, the company that returned America to the moon in 2024 and that reported s…
BlackRock eyes up to $10B in SpaceX IPO as Musk’s rocket empire targets $1.75 trillion valuation - Tech Startups
Wall Street is lining up for what could become the biggest IPO in history. BlackRock, the world’s largest asset manager, has reportedly discussed investing between $5 billion and $10 billion in SpaceX’s upcoming public offering, according to a report from The […] The post BlackRock eyes up to $10B in SpaceX IPO as Musk’s rocket empire targets $1.75 trillion valuation first appeared on Tech Startups.
SpaceX To Go Public June 12, As Speculation Rises
The post SpaceX To Go Public June 12, As Speculation Rises appeared first on 24/7 Wall St.. Quick Read Facebook IPO Failed Is xAI Worth Anything? Who Will Compete With SpaceX In The Rocket Business The analyst who called NVIDIA in 2010 just named his top 10 stocks and Amazon wasn't one of them. Get them here FREE. Rumors are largely gone. Insiders have leaked that the SpaceX IPO trigger will get pulled on June 12. Elon Musk’s company will t…
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