Crypto traders value SpaceX higher than expected IPO price ahead of debut

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Oppenheimer backs SpaceX as $70 billion retail frenzy builds

SpaceX has gained fresh support from Wall Street as reports point to more than $70 billion in potential retail demand ahead of what could become one of the largest public offerings in U.S. market history. According to Oppenheimer, the brokerage…

Jun 11, 4:14 PM

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BlackRock eyes up to $10 billion stake in SpaceX’s potentially record-shattering IPO

BlackRock's potential investment in SpaceX's IPO could reshape capital allocation dynamics, impacting both institutional and retail investor strategies. The post BlackRock eyes up to $10 billion stake in SpaceX’s potentially record-shattering IPO appeared first on Crypto Briefing.

Jun 11, 4:03 PM

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SpaceX IPO set to test investor appetite and market infrastructure

SpaceX's IPO could reshape market dynamics, influencing liquidity and regulatory scrutiny, while impacting both equity and crypto sectors. The post SpaceX IPO set to test investor appetite and market infrastructure appeared first on Crypto Briefing.

Jun 11, 3:54 PM

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Musk’s xAI fired engineer for raising concerns about Grok chatbot, lawsuit claims

Former xAI engineer Devin Kim alleges he was illegally fired for trying to implement safety mechanisms for the chatbot A former engineer at Elon Musk’s xAI who now heads a thinktank focused on AI safety filed a lawsuit claiming he was fired from the SpaceX subsidiary for raising concerns about the risks artificial intelligence poses to humanity. Devin Kim claims in the lawsuit filed in California state court on Tuesday that his efforts to place guardrails on the development of the chatbot Grok made him a target for company leadership. Continue reading...

Jun 11, 3:47 PM

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SpaceX IPO hype pulls retail cash away from chip stocks

Retail traders are selling AI and chip winners as SpaceXs IPO nears, adding fresh pressure to tech stocks after a major run. The post SpaceX IPO hype pulls retail cash away from chip stocks appeared first on Crypto Briefing.

Jun 11, 3:44 PM

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SpaceX outlines IPO ambitions with six key business charts

SpaceX's IPO ambitions highlight its strategic diversification and potential to reshape market dynamics across space and AI sectors. The post SpaceX outlines IPO ambitions with six key business charts appeared first on Crypto Briefing.

Jun 11, 3:32 PM

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Turkey’s World Cup return after 24 years could move the needle for fan tokens and football NFTs

Turkey's World Cup return could boost interest in fan tokens and NFTs, potentially revitalizing the crypto market with new opportunities. The post Turkey’s World Cup return after 24 years could move the needle for fan tokens and football NFTs appeared first on Crypto Briefing.

Jun 11, 3:23 PM

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Is Dogecoin Dead Or Could The SpaceX IPO Lead To A Revival?

Dogecoin is once again facing questions about its future as prices hover near multi-year lows and investor enthusiasm continues to fade. Yet just as many traders are beginning to lose confidence, a massive event tied to Elon Musk’s business empire is generating fresh discussion about whether DOGE could be preparing for an unexpected second act. […]

Jun 11, 2:30 PM