SpaceX IPO priced at $135 per share targets a $1.77 trillion valuation. Anti-flipping rules and crypto capital rotation make this a high-stakes event for

SpaceX plans to raise $75 billion in its IPO at a $1.75 trillion valuation. The massive equity issuance could drain liquidity from crypto and risk assets.

SpaceX targets a $75 billion IPO on June 11, seeking a $1.8 trillion valuation. The company holds roughly 18,700 bitcoins on its balance sheet.