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SpaceX crypto traders are betting on a $2.2 trillion valuation
Crypto traders are valuing SpaceX at $2.2 trillion, significantly higher than its IPO price of $135 per share, ahead of its trading debut. Perpetual futures on crypto venues suggest a strong demand, even as veteran investors express skepticism about the company's valuation. This blockchain-based market's predictive power is now being tested with SpaceX's record-setting IPO.
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cryptobriefing.com
SpaceX IPO plans raise concerns over equity supply and yields
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.
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SpaceX's IPO will test the 'Elon premium' that has defined Tesla's valuation for years
SpaceX targets a $1.75 trillion Nasdaq IPO, testing whether the Elon premium extends beyond Tesla. Its 18,712 Bitcoin stash adds a crypto angle for
