Morning Minute is a daily newsletter written by Tyler Warner.
The analysis and opinions expressed are his own and do not necessarily reflect those of Decrypt
And check out our new daily news show covering all of the top stories in 5 minutes, downloadable on Apple Pod or Spotify. GM! Today’s top news: – Crypto majors grind up on Iran War peace progress; BTC +1% at $63,800 – SPCX trades at $177 on Hyperliquid ahead of this morning’s IPO – Coinbase launches tool for AI Agents to trade and pay – BTC ETF outflows slow to lowest level in weeks – CARDS rallies 50% as Pokemon gacha meta heats back up 🚀 SpaceX Prices the Largest IPO Ever at $135, Trades Friday SpaceX priced its IPO at $135 a share Thursday night, selling 555.6M shares to raise $75B and valuing the company at $1.77T.
That makes it the largest public offering in history, topping Saudi Aramco’s $30 billion in 2019. The stock opens on Nasdaq on Friday under the ticker SPCX. For a recap on the business itself, SpaceX is really three businesses stitched into one ticker. – The launch business that most are familiar with and which brought in about $4 billion in 2025.