- SpaceX disclosed 18,712 BTC on its balance sheet at a fair value of $1.29 billion, with a cost basis implying an average buy price of ~$35,324.
- SpaceX is targeting a valuation of over $1.5 trillion in what could become the largest IPO in history, surpassing Saudi Aramco's 2020 debut.
- Analysts warn that simultaneous IPOs from SpaceX, OpenAI, and Anthropic could drain liquidity from bitcoin and crypto markets.
SpaceX officially filed its S-1 registration statement with the U.S. Securities and Exchange Commission on Wednesday, giving investors their first detailed look inside one of the world’s most valuable private companies ahead of a planned IPO expected next month.
Buried in the filing was a notable disclosure: SpaceX held 18,712 BTC on its balance sheet as of March 31, recognized at a fair value of $1.29 billion.
...read more at bitbo.io
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Who will benefit most from SpaceX IPO? #1494613
Wow!!
Even space X stacks the corn!!
Def gotta get some shares now!!
If you're not an insider, better wait for a few weeks or months after the IPO to see how the market tides will flow.. it's an exit liquidity event for the early investors.
Sure there will be corrections for the SpaceX price too for pleb investors and traders to get in.
That was the missing link to clear all your doubts. I want in too! Hahaha
hahahaha
Noone expected that