SpaceX is preparing for a jaw-dropping IPO, aiming to sell shares at $135 each—potentially raising $75 billion and valuing the company at a staggering $1.75 trillion. With over 555 million shares up for grabs, this could be the biggest public debut in tech history. But the real buzz? SpaceX holds nearly 18,700 bitcoins—worth $1.29 billion—making it a major crypto player. When the IPO hits, investors could indirectly own Bitcoin through SpaceX stock. Rumors of a SpaceX-Tesla merger (which already holds 11,000 bitcoins) have added fuel to the fire, though no official deal exists. Timing is key too: this IPO arrives in June amid a wave of mega-funding for AI giants like OpenAI and Anthropic, possibly diverting capital from crypto and putting downward pressure on Bitcoin prices in the short term.
Support the show: Get a discount at https://solipillow.com/discount/dnn.
Advertise on DNN: advertise@thednn.ai
This is an automated, high-level news summary based on public reporting. Report issues to feedback@thednn.ai.
Podden och tillhörande omslagsbild på den här sidan tillhör
The Daily News Now!. Innehållet i podden är skapat av The Daily News Now! och inte av,
eller tillsammans med, Poddtoppen.