SpaceX targets a record $75 billion IPO at $1.75 trillion valuation while holding 18,712 Bitcoin. Here's what crypto investors need to watch.

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's $75 billion IPO at a $1.75 trillion valuation is reportedly drawing $250 billion in demand, with crypto investors selling Bitcoin to participate.