SpaceX $75B IPO brings Bitcoin onchain
SpaceX has priced its initial public offering at $135 per share, raising $75 billion in the largest IPO on record and valuing the company at approximately $1.8 trillion.
SpaceX has priced its initial public offering at $135 per share, raising $75 billion in the largest IPO on record and valuing the company at approximately $1.8 trillion.
DBS Bank will offer tokenised gold trading to retail customers from the second half of 2026, broadening access to physical gold investments through blockchain technology.
The 2026 FIFA World Cup could become a major catalyst for prediction markets, with Coinbase and Robinhood positioned to benefit from billions of dollars in new trading activity, according to Bernstein.
On this week's "The Debrief with Mario Parker," Mario breaks down how the relationship between President Donald Trump and Elon Musk has evolved. Earlier this month Trump said Musk is "a friend of mine again." Mario also talks about how some members of the Trump administration stand to gain financially from the SpaceX IPO. He reports on "Balance of Power."
Digital Asset has raised $355 million in a funding round led by Andreessen Horowitz's crypto arm, strengthening its position as a key provider of blockchain infrastructure for traditional financial institutions.
Japan's Lower House has reportedly passed legislation that would bring cryptocurrency assets under the country's financial instruments framework, potentially opening the door to crypto exchange-traded funds and lower tax rates for investors.
Hungary's government plans to reverse restrictive cryptocurrency trading rules that exposed users and service providers to potential prison sentences for transactions conducted without approved validation.
Bitcoin surged to a multi-day high of $63,700 while oil prices tumbled below $87 after US President Donald Trump announced that planned military strikes against Iran had been cancelled.
The US Treasury Department has sanctioned nine individuals and entities allegedly involved in Iranian weapons procurement networks, extending its broader crackdown on financial channels that have included cryptocurrency-linked operations.
Nell Minow, Chair of Value Edge Advisors and Former President of ISS, advised caution regarding SpaceX's IPO, which was priced at $135 per share in the largest debut ever. She highlighted significant corporate governance issues being raised by pension managers and investors. She speaks with Romaine Bostick & Katie Greifeld on "The Close."
SpaceX has made history with the largest IPO ever, pricing shares at $135 each and raising $75 billion. Dan Ives, Global Head of Technology Research at Wedbush Securities, discussed the overwhelming demand for the offering, how this is a bet on Elon Musk and the possibility of Tesla and SpaceX merging. He speaks on "Bloomberg The Close."
SpaceX has made history with the largest IPO ever, pricing shares at $135 each and raising $75 billion. Dan Ives, Global Head of Technology Research at Wedbush Securities, discussed the overwhelming demand for the offering, which Bloomberg reports is four times oversubscribed, including $100 billion in retail orders and significant institutional interest such as a $5 billion order from BlackRock. He speaks with Romaine Bostick & Katie Greifeld on "The Close."