Backpack expands 24/7 trading for select US equities, including SpaceX, Micron, and SanDisk

The post A $1,000 investment in June’s top quantum computing IPO is now worth appeared on BitcoinEthereumNews.com. While Elon Musk’s other trillion-dollar company drew the bulk of attention, SpaceX (NASDAQ: SPCX) was not the only exciting technology stock to hit the public markets in June 2026. Specifically, the quantum computing company Quantinuum (NASDAQ: QNT) launched on June 4 with an initial public offering (IPO) price of $60 per share, which turned into $68 already at the morning bell but then dipped to $60.38 by the evening. At press time in the July 10 pre-market, however, QNT equity is worth substantially more: $74 following a 0.67% extended session rally from $73.51 at the latest close.  Under the circumstances, $1,000 invested at either the IPO price or close to the June 4 closing bell would have turned into $1,233.30 for $233.30 in profits, simultaneously making it a superior investment to SpaceX stock. QNT stock price chart. Source: Google Still, despite offering a strong

The post SK Hynix Marks Record-Setting U.S. Debut Today appeared on BitcoinEthereumNews.com. Topline South Korean chipmaker SK Hynix will begin trading on the Nasdaq on Friday, after completing the largest U.S. share sale ever by a foreign company, marking the third-largest debut on record following SpaceX’s record-setting listing last month. South Korea’s SK Hynix raised $26.5 billion in its listing, making it one of the largest trading debuts ever. AFP via Getty Images Key Facts SK Hynix disclosed in a filing Thursday it would issue 177.9 million American depository receipts (ADRs), or certificates representing ownership of shares in a foreign company, priced at $149 each under the ticker “SKHY.” One common share will be represented by 10 ADRs, priced at $1,490—and that’s slightly higher than the company’s Seoul-based listing, which ended Friday at about $1,450. SK Hynix raised $26.51 billion through its ADR offering, the company disclosed, making it the largest U.S. share sale ever

The post Bitget rToken Tops $100M as Tokenized Stock Demand Grows appeared on BitcoinEthereumNews.com. Bitget’s tokenized equity product rToken has crossed $100 million in assets within five weeks of launch, as demand for tokenized stocks climbs across the sector. Tokenized equities have moved from pilots into a fast-growing segment. Market data now shows sharp increases in both value and trading activity. SpaceX Demand Drives the Surge Bitget said its rToken has recorded $671.37 million in cumulative trading volume since launching on June 2. Average daily trading volume reached $19.75 million, with a single-day peak of $56.16 million. Demand has been led by tokenized exposure to SpaceX. According to Bitget, rSPCX accounts for 23.51% of total rToken assets, making it the platform’s largest tokenized equity. rCSCO follows with 17.75%, while rNVDA represents 13.38%. The surge mirrors broader momentum across the tokenized equities market. The Kobeissi Letter reported that tokenized stocks

Investors may face increased volatility as they reassess their portfolios, balancing Tesla's speculative growth with SpaceX's tangible revenue. The post SpaceX IPO raises concerns over Tesla’s future as investors weigh their Musk bets appeared first on Crypto Briefing.

The post Will BTC Skyrocket to the Moon as SpaceX Tests Transfers?  appeared on BitcoinEthereumNews.com. SpaceX moved less than $300 worth of Bitcoin across internal wallets without sending funds to exchanges. SpaceX holds 18,712 BTC, while Strategy continues using Bitcoin as its core treasury asset. Retail traders are monitoring institutional wallet activity for signs of future market moves. SpaceX’s first Bitcoin wallet activity in about six months has drawn attention from crypto market participants. Still, the transfers do not currently indicate a major change in the company’s Bitcoin strategy. On-chain data showed that the aerospace company moved small amounts of BTC between wallets shortly after becoming publicly traded. Notably, the activity comes as investors compare SpaceX’s Bitcoin holdings with Strategy’s more active treasury approach, where Bitcoin serves as the foundation of its corporate balance sheet. SpaceX Wallet Transfers Show Internal BTC Movement Blockchain tracking

The post SPCXB Holds Near $150 as Musk Says SpaceX Will Outvalue Earth appeared on BitcoinEthereumNews.com. SPCXB News SpaceX chief Elon Musk reignited investor debate this week with a blunt forecast that SpaceX (SPCXB) will one day be worth more than the rest of Earth combined. Writing on X, Musk argued the rocket maker would eclipse global economic output if it delivers on orbital manufacturing, asteroid mining and Mars colonization. He traced the thesis to a January 2026 post claiming space industries will vastly exceed the value of all terrestrial assets, powered chiefly by solar energy. Humanity, he estimates, could eventually harness roughly 100,000 times more solar power than it consumes today, while tapping less than one-millionth of the Sun’s total output across the solar system. For all the cosmic ambition, SPCXB has cooled sharply from its peak. The underlying SpaceX equity trades near $153 with a market capitalization close to $2 trillion, yet it has retreated roughly 32% f

The post Binance Traders Poured $133 Million Into Memory Stocks — Into a Selloff appeared on BitcoinEthereumNews.com. Binance users doubled their flows to artificial intelligence (AI) memory stocks to $133 million last week, concentrating capital into a key theme even as the sector sold off. The move ran against the tape. Memory names were selling off, yet SanDisk (SNDK) and Micron (MU) together accounted for 79% of net equity inflows on the platform. Buyers Concentrate as Chips Fall The figures come from Binance Research, whose weekly fund flow report covers the week ending July 8. Total net flow reached $169.2 million, down 12% from the prior week. The decline reflects the July 4 holiday, which left only four US trading sessions. On a per-session basis, demand actually rose. Technology attracted $191 million in inflows, accounting for 113% of the week’s $169 million net total. AI memory doubled to $133 million, making it the largest theme. SanDisk took $67 million, and Micron Technol

The post Elon Musk Bets SpaceX Will Outvalue Earth, SPCX Says Not Yet appeared on BitcoinEthereumNews.com. Elon Musk once again captured investor attention with a blunt claim on X. He said SpaceX “will be worth more than the rest of Earth” if the company accomplishes its long-term goals. Here is what Musk means, how the market values SpaceX today, and why the vision matters. What Musk’s Bold SpaceX Claim Actually Means Market cap is the total value of a company’s outstanding shares, calculated by multiplying its share price by the number of shares outstanding. Musk is not describing SpaceX’s value today, but a far larger future potential tied to a space-based economy. Follow us on X to get the latest news as it happens. You don’t seem to understand that SpaceX will be worth more than the rest of Earth if we accomplish our goals — Elon Musk (@elonmusk) July 9, 2026 His reasoning traces back to a January 2026 post. There, Musk argued that space industries “will vastly exceed the value of