- SpaceX’s IPO is attracting exceptional demand and is expected to rank among the largest public listings ever.
- Analysts say the offering could temporarily pull investment away from cryptocurrencies as investors seek exposure to high-profile growth companies.
- Trading activity linked to SpaceX has already accelerated across crypto markets through perpetual futures and tokenised share products.
Investor demand for SpaceX’s upcoming stock market debut has reportedly surpassed US$250 billion (AU$347.5 billion), far exceeding the US$75 billion (AU$104.25 billion) the company plans to raise through its initial public offering. The listing is expected to value the company at approximately US$1.75 trillion to…
