The Impending $75 Billion SpaceX IPO May Drain Liquidity from Bitcoin and Crypto Markets
A historic stock market debut is imminent, with SpaceX's $75 billion IPO expected to take place in June, potentially drawing interest away from crypto. SpaceX filed a confidential S-1 with the SEC, aiming for a $1.75 trillion valuation, which would make it the largest stock market debut in history, surpassing Saudi Aramco's $29 billion record in 2019. This massive capital raise, combined with the…
April 24, 2026, 1:54 p.m.