Investor skips SpaceX IPO, betting Elon Musk will merge it with Tesla instead

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

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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Investors lose over $200M on American Bitcoin shares while Eric Trump’s stake holds at $70M

The disparity in losses highlights the risks retail investors face in celebrity-backed ventures, emphasizing the need for cautious investment strategies. The post Investors lose over $200M on American Bitcoin shares while Eric Trump’s stake holds at $70M appeared first on Crypto Briefing.

Jun 13, 11:12 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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SpaceX completes largest IPO in history, lists on NASDAQ at $1.77 trillion valuation

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.

Jun 13, 10:51 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

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Solana’s Tokenized Stock Reality Check: Why SpaceX Demand Exposed the xStocks Bottleneck

Binance Wallet SPCXx drew $557M from 27,689 wallets before allocations were canceled as xStocks couldn't source shares. Solana's RWA surge met limits.

Jun 13, 9:23 AM