The information provided on EL7.AI is for educational and informational purposes only and does not constitute financial advice.
The information provided on EL7.AI is for educational and informational purposes only and does not constitute financial advice.
Sign in to access this content
Sign In
In a historic move for the global IPO market, SpaceX has finalized its initial public offering price at $135 per share, valuing the aerospace giant at approximately $1.77 trillion. This final pricing arrives alongside official disclosures that the company holds 18,712 Bitcoin, valued at $1.29 billion, making it a top-tier corporate holder of digital assets. Trading is set to commence on the Nasdaq exchange under the ticker SPCX this Friday, marking one of the most anticipated listings in recent years.
The $1.77 trillion valuation positions SpaceX among the world's most valuable entities, rivaling the market caps of the largest S&P 500 constituents. Adding to the momentum, Defiance ETFs launched the Defiance Daily 2X Space ETF (SPCL), providing the first 2x leveraged exposure to the stock from its debut. This institutional infrastructure mirrors the ecosystem surrounding other crypto-adjacent firms like MicroStrategy, which holds over 214,000 BTC per market data, highlighting a robust demand for companies merging frontier tech with digital reserve assets.
Investors should focus on the $135 level as the primary benchmark for SPCX performance at the close on June 12, 2026. According to the economic calendar, the 1.2% YoY Chinese inflation data released on June 10, 2026, suggests a stable global risk backdrop, though upcoming Federal Reserve commentary remains the key catalyst for high-growth valuations and the broader digital asset market in the coming days.