Market Brief
SpaceX Gains as Investors Eye $1 Trillion Revenue Forecast
SpaceX shares gained 6% as investors reacted to projections of nearly $1 trillion in annual revenue by 2030.
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SpaceX shares gained 6% as investors reacted to projections of nearly $1 trillion in annual revenue by 2030.
Bybit launched IPO Express, allowing retail investors to subscribe to tokenized SpaceX shares through xStocks.
Apple shares fell nearly 5%, wiping out about $230 billion in market value after the launch of Siri AI.
South Korea halted trading after the KOSPI fell 8.4%, triggering an automatic circuit breaker.
Kraken launched tokenized SpaceX IPO access through xStocks, expanding retail exposure to one of the most anticipated listings.
Elon Musk could become the world’s first trillionaire following SpaceX’s highly anticipated public listing.
Investors are debating whether SpaceX’s reported $2 trillion valuation leaves meaningful upside ahead of its IPO.
Ethereum fell to around $1,700, leaving a five-year buy-and-hold investment down roughly 36%.
SpaceX reportedly priced its IPO at $135 per share, valuing the company at approximately $1.75 trillion.
Major corporate crypto holders are facing multibillion-dollar paper losses as Bitcoin and Ether prices decline.
MicroStrategy sold 32 Bitcoin for roughly $2.5 million, marking its first known BTC sale in years.
Gold has gained more than 11,000% since 1971 while the U.S. dollar lost over 99% of its value against the metal.