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SpaceX just set its roadshow for June 8 — targeting a $1.75 trillion valuation and a Nasdaq listing under SPCX. If it prices at target, it would be the largest IPO in history, eclipsing Saudi Aramco's 2019 record. The company reported $4.9B in losses in 2025 despite $18.7B in revenue across rockets, Starlink, and xAI.
The crypto angle: SpaceX holds 8,285 BTC. An all-primary IPO means dilution from new shares — BTC-per-share drops even if the BTC number stays flat. BTC at $66,519 here; SpaceX's treasury becomes far more transparent post-listing.
Is SpaceX the most interesting IPO of the decade, or is $1.75T just Musk maximalism?
Just sharing my thoughts. Not financial advice. DYOR.
#SpaceXIPONextWeek #OKXOrbit
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