Svmuu News: SpaceX plans to go public in June 2026 with a scale of approximately $75 billion. According to its latest S-1 filing, SpaceX holds 18,712 BTC, valued at around $1.45 billion, making it one of the largest known corporate holders of Bitcoin among recent IPO-bound companies.
If SpaceX enters the Nasdaq 100 index under the "fast entry" rule, it could expand the index's balance sheet exposure to Bitcoin. The report also notes that index rebalancing may prompt passive funds to sell existing large-cap tech stocks and buy SpaceX, potentially creating short-term pressure on both tech stocks and BTC. (Cointelegraph)
Analysis: SpaceX IPO Could Be a Headwind for Tech Stocks and May Impact Bitcoin’s Price Trend
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Source:Odaily · Source Link
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