The SpaceX (NASDAQ:SPCX) trading debut Friday is quietly creating a Bitcoin

SpaceX IPO demand reaches $250B, nearly 4x oversubscribed, as crypto investors sell Bitcoin to buy shares. The $75B raise targets a $1.8T valuation.

SpaceX's record IPO draws $250B in demand against a $75B target, with Bitcoin holders reportedly liquidating crypto to participate in the $1.75T offering.