Daily Observation of Cryptocurrency Concept Stocks: How will SpaceX, which goes public on June 12 and holds 18,712 BTC, reshape the structure of the cryptocurrency market as a $1.75 trillion giant?｜SpaceX, IPO

Released on June 8, 2026. SpaceX will officially list on Nasdaq this Thursday (June 12) at $135 per share (ticker $SPCX), with an estimated valuation of approximately $1.75 trillion, issuing about 556 million Class A common shares and raising around $75 billion, which will break the record for the largest IPO in history set by Saudi Aramco in 2019 at $29.4 billion. This event holds significance for the cryptocurrency market beyond just a capital market milestone - SpaceX is currently the largest non-financial company set to go public with BTC holdings (18,712 BTC, worth approximately $1.1 to $1.2 billion at current prices), and its post-listing disclosure obligations and holdings disposal logic will directly impact the funding expectations of institutional products such as Coinbase Global, Inc. (NASDAQ: $COIN) (the official custodian of SpaceX's BTC) and BlackRock, Inc. (NYSE: $BLK) IBIT. Source: https://www.chaincatcher.com/en/article/2269976