SpaceX's historic $1.7T IPO and Iran peace deal signals are driving risk appetite as Bitcoin climbs to $64K from yearly lows near $60K.

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 long-anticipated initial public offering, which could value the company at about $1.75 trillion, has triggered intense demand from retail investors eager to gain exposure…