SpaceX’s planned public offering has attracted over $250 billion in orders, nearly four times its goal of raising $75 billion. The IPO is expected to be priced at $135 per share, with early demand showing significant cash ready to be invested. This has led to concerns about potential capital being pulled from the crypto market. SpaceX’s entry into the Nasdaq-100 could further impact liquidity and competition for speculative capital.

Leave a Reply