The SpaceX Pre-IPO Frenzy: On-Chain Perpetual Futures Volume Explodes as Crypto Retail Capital Rushes to Speculate on the Historic $135 Share Offering
The boundary separating Silicon Valley, Wall Street, and the public blockchain has officially dissolved. Elon Musk’s Space Exploration Technologies Corp. (SpaceX) has made history by pricing its blockbuster initial public offering at $135 per share for its debut on the Nasdaq under the ticker symbol SPCX. Offering roughly 555.6 million shares of Class A common stock, the offering raised a staggering $75 billion, firmly dethroning Saudi Aramco’s 2019 record to become the largest IPO in global capital markets history.