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 is set to debut on Nasdaq under ticker SPCX on June 12, targeting a $75 billion raise and $1.77 trillion valuation with 18,712 BTC on its balance