SpaceX stock launched like one of its own rockets.
Within days of its debut it blasted toward $3 trillion, before settling near $2.66 trillion
Its busiest crypto market is now betting it comes back to earth. On the perpetuals where SpaceX trades around the clock, the smart money is positioned for a fall. BeInCrypto pulled the data behind the euphoria.
A Record IPO, a $60 Billion Deal, and a Near $3 Trillion Peak SpaceX (SPCX) priced its IPO at $135 on June 12 and raised about $75 billion, the largest listing ever. Four days later, it signed a $60 billion all-stock Cursor acquisition, buying AI coding firm Anysphere. Want more insights like this?