France 24 AI·
Billionaire Elon Musk’s AI and aerospace giant SpaceX has banned investors from Hong Kong and mainland China from buying its shares as it goes public on Friday – a rarely seen restriction that shows just how geopolitically sensitive the world’s tangled financial markets have grown. But Chinese investors seem all too willing to make risky investments in cryptocurrencies allegedly backed by US companies to avoid letting the initial public offering (IPO) of the century pass them by.
Read full articleBinance 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 […]
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.
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.
The SpaceX IPO is a "double-edged sword" for crypto, said one of the AIs.
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…
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.
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.
SpaceX's historic IPO reshapes market dynamics, highlighting retail investor power and challenging crypto's role in equity access. The post SpaceX completes largest IPO in history, lists on NASDAQ at $1.77 trillion valuation appeared first on Crypto Briefing.
