SpaceX targets $1.77T IPO valuation as Morgan Stanley projects $3.4T revenue by 2040

The launch of BTC-backed preferred stock in Sweden could influence investor sentiment towards cryptocurrency dividends, impacting market dynamics. The post Bitcoin Treasury Capital launches Sweden’s first BTC-backed preferred stock appeared first on Crypto Briefing.

SpaceX's projected growth could redefine market expectations, challenging traditional industry norms and reshaping global economic landscapes. The post Morgan Stanley projects SpaceX revenue to reach $3.4T by 2040 appeared first on Crypto Briefing.

Kraken has opened a path for eligible customers in more than 110 markets to register interest in SpaceX before the company starts public trading, and anyone who receives an allocation will get SPCXx, a tokenized claim backed 1:1 by the underlying shares. The move puts one of the year’s most watched offerings inside a crypto […]

The Bitcoin price briefly fell below the $60,000 level for the first time since 2024, succumbing to intense bearish pressure that ravaged global financial markets on Friday, June 5th. While the imminent initial public offering of SpaceX in the United States has been identified as one of the catalysts behind the downturn, the US equities […]

Excluding Chinese investors from SpaceX's IPO highlights the growing impact of geopolitical tensions on global capital markets. The post SpaceX IPO underwriters ban Hong Kong and China investors due to US export restrictions appeared first on Crypto Briefing.

The influx of tech mega-IPOs may strain existing equities, potentially reshaping market dynamics and investor strategies over time. The post SpaceX, Anthropic, and OpenAI IPOs could drag equity markets for years, warns Rob Arnott appeared first on Crypto Briefing.

Online speculation has tied Bitcoin’s latest drop to retail demand for SpaceX’s record IPO, but crypto flow data has not shown clear evidence of a mass cash exit. CryptoQuant data reviewed in the report showed no unusual withdrawals of USDC…

Switch's potential $50B valuation highlights the growing demand for data infrastructure, signaling significant investor confidence and market expansion. The post Switch in talks to raise funds at over $50B valuation: report appeared first on Crypto Briefing.