SpaceX loses $490B in value, shares drop 20% in 48 hours

SpaceX has explored a bond offering worth as much as $20 billion while its publicly traded shares have fallen more than 9%, trimming Elon Musk’s fortune by roughly $59 billion from recent highs. Bloomberg reported, citing people familiar with the…

SpaceX's investment-grade rating enhances its refinancing capabilities, while its significant Bitcoin holdings introduce potential market volatility. The post SpaceX receives Baa1 investment grade rating from Moody’s as company goes public with $1.29B Bitcoin treasury appeared first on Crypto Briefing.

SpaceX's stock volatility highlights the risks of post-IPO investments and the potential impact of insider sales and strategic mergers. The post SpaceX shares fall from post-IPO highs, leaving average buyer nearly underwater appeared first on Crypto Briefing.

Backpack's tokenized SpaceX share token has crossed 10,000 onchain holders on Solana, six days after listing alongside the company's Nasdaq debut. The milestone widens the holder gap with rival xStocks' SpaceX product and lands as Backpack chief executive Armani Ferrante stakes out a structural

SpaceX's exclusion of Chinese investors from its IPO underscores heightened national security concerns and potential regulatory scrutiny. The post SpaceX bars Chinese investors from IPO after stake revelations appeared first on Crypto Briefing.

Wall Street simmers with the idea of a merger of Elon Musk’s companies

SpaceX's Bitcoin holdings could amplify crypto market volatility, intertwining traditional finance with digital assets and influencing investor behavior. The post SpaceX stock dips 3% after initial IPO surge, but its Bitcoin treasury adds a crypto twist appeared first on Crypto Briefing.

Binance's massive pre-IPO futures trading highlights retail investors' demand for market access, potentially prompting regulatory scrutiny. The post Binance processes $5.7B in SpaceX pre-IPO futures volume on a single day appeared first on Crypto Briefing.