SpaceX IPO surges 63% after Friday’s NASDAQ listing, briefly pushing valuation near $2.9 trillion

TechCrunch has followed SpaceX's start, struggles, and successes from the early days. And we're here for what happens next too. This package of SpaceX IPO coverage includes who stands to win (and maybe some who won't), pre-IPO deals, and what's tucked inside its S-1 registration document.

SpaceX shares rose again Tuesday, lifting SPCX nearly 58% above its IPO price and pushing the company past Amazon by market cap. The post SpaceX shares rise 11%, flip Amazon to become fifth largest company by market cap appeared first on Crypto Briefing.

The SpaceX IPO highlights the growing influence of crypto derivatives in traditional finance, offering retail investors alternative access. The post SpaceX IPO generates over $1B in trading volume on first day, but not where you’d expect appeared first on Crypto Briefing.

SpaceX's IPO and Bitcoin holdings highlight the growing intersection of traditional finance and digital assets, influencing market dynamics. The post SpaceX becomes world’s fifth-largest company, holds 18,712 Bitcoin worth over $1B appeared first on Crypto Briefing.

The SpaceX IPO highlights the risks of tokenized equity products, emphasizing the need for transparency and reliable backing mechanisms. The post SpaceX’s IPO becomes a stress test for crypto price discovery as tokenized access falls apart appeared first on Crypto Briefing.

SpaceX perpetual futures have become Binance’s second-largest futures product by trading volume, generating more than $5.6 billion in rolling 24-hour activity as interest in the aerospace company continues to surge following its Nasdaq debut. According to Binance, the SPCXUSDT perpetual…

Elon Musk firm adds startup behind Cursor app to its portfolio with xAI and reaches $2.8tn market capitalisation Elon Musk’s SpaceX is buying the startup behind the AI-powered coding app Cursor for $60bn and has moved ahead of Amazon in valuation days after its stock market debut. The company has agreed to buy Anysphere, which has capitalised on AI’s success as a coding technology. Continue reading...

SpaceX's IPO could catalyze a shift in talent and investment towards hardware innovation, impacting sectors like energy and biotech significantly. The post SpaceX IPO could spur hardware startups, says Sequoia’s Shaun Maguire appeared first on Crypto Briefing.