SpaceX debuted on the Nasdaq with a $75 billion IPO, valuing the company near $1.75 trillion. Bitcoin has shed half its value since October 2025, with a 21% drop in the last 30 days. Strategy trimmed its Bitcoin stack for the first time since 2022, and upcoming OpenAI and Anthropic IPOs may add further pressure.
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Summary by ByteBrief
SpaceX IPO Values Company at $1.77 Trillion