Founders Fund invested around $600m in SpaceX over nearly 20 years. At the IPO valuation, Founders Fund's SpaceX stake is worth more than $50bn, on paper.

SpaceX's record $1.77 trillion IPO creates massive profits for pre-IPO investors, while crypto traders speculate through Hyperliquid perpetual futures

SpaceX targets a $75 billion IPO at a $1.75 trillion valuation, allocating up to 30% of shares to retail investors through Fidelity and Robinhood.