
SpaceX's June 12 debut raised $75 billion at $135 per share, valuing the company over $2 trillion. Crypto traders holding pre-IPO tokens on Binance, Bybit, and Bitget received no allocation. SPCX perpetuals traded at a VWAP of $159.89, 6.6% above the opening print, proving price discovery worked but tokenized access failed.
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Summary by ByteBrief
Circle debuts cirBTC on Ethereum to challenge Coinbase