SpaceX completes largest IPO in history, lists on NASDAQ at $1.77 trillion valuation

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Binance Grabs 60% of SpaceX Derivatives Market With $5.6B in Daily Volume

Binance disclosed that it now controls more than 60% of all SpaceX derivatives trading across centralized and decentralized exchanges, the company said Friday, after recording over $5.6 billion in SPCXUSDT volume in a single 24-hour period. SpaceX Futures Rank Second Only to Bitcoin at Binance SpaceX perpetual futures are now Binance‘s second-largest traded product by […]

Jun 13, 1:33 PM

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TradeXYZ SPCX perp trading volume exceeds $1.3B as SpaceX goes public

The surge in SPCX trading highlights the growing influence of synthetic assets, potentially prompting regulatory scrutiny and reshaping investment strategies. The post TradeXYZ SPCX perp trading volume exceeds $1.3B as SpaceX goes public appeared first on Crypto Briefing.

Jun 13, 12:54 PM

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SpaceX shares soar 19% after record $75 billion initial public offering

SpaceX's IPO success may redefine public offering strategies, encouraging more retail investor involvement and potentially reshaping market dynamics. The post SpaceX shares soar 19% after record $75 billion initial public offering appeared first on Crypto Briefing.

Jun 13, 12:22 PM

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We Asked 2 AIs: Is SpaceX’s IPO Bullish or Bearish for Bitcoin? (The Answer Was Dubious)

The SpaceX IPO is a "double-edged sword" for crypto, said one of the AIs.

Jun 13, 11:58 AM

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Michael Saylor says SpaceX IPO pushes Bitcoin into 25% of Mag 8

Michael Saylor said SpaceX’s IPO marks a milestone for corporate Bitcoin adoption, arguing that 25% of the so-called Mag 8 now hold BTC on their balance sheets. In a June 13 X post, the Strategy chairman congratulated Elon Musk and…

Jun 13, 11:51 AM

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Jordi Visser: SpaceX’s valuation hinges on Musk’s unmatched data center construction, the complexities of terrestrial versus space facilities, and the critical role of energy storage innovation | The Pomp Podcast

SpaceX's innovative data center strategies could redefine digital asset infrastructure and boost its market valuation. The post Jordi Visser: SpaceX’s valuation hinges on Musk’s unmatched data center construction, the complexities of terrestrial versus space facilities, and the critical role of energy storage innovation | The Pomp Podcast appeared first on Crypto Briefing.

Jun 13, 11:40 AM

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SpaceX and the A.I. Bubble Are Coming for Your 401(k)

It is impossible to beat the stock market. But if you want to divest your retirement of Elon Musk-related companies, here is the best way to do so.

Jun 13, 11:00 AM

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Cathie Wood’s ARK adds $444M in SpaceX while cutting AMD stake

Cathie Wood’s ARK Invest purchased roughly $444 million worth of SpaceX shares on June 12 while reducing its exposure to Advanced Micro Devices, making one of its biggest portfolio shifts as Elon Musk’s rocket company began trading on public markets.…

Jun 13, 9:43 AM