The SpaceX IPO is coming! Everyone on Wall Street is excited, and for good reason, given the massive size of the deal, which is expected to raise $75 billion. There’s an interesting twist here, however, because SpaceX is likely to appeal to more aggressive investors. The very same type of investor that buys cryptocurrency. Don’t get too worried, even if there’s some short-term disruption in the crypto space.

How low will crypto go?

Bitcoin (BTC +1.80%) is the grandaddy of all cryptocurrencies. It is down nearly 40% over the past year and off nearly 50% from its 2025 high, which was also its all-time high. This drawdown isn’t actually unusual, as Bitcoin has lost more than 60% three times, with its worst decline exceeding 80%. That said,…