SpaceX IPO Expected to Raise $75 Billion

SpaceX is expected to raise $75 billion in its upcoming IPO. The deal is likely to appeal to aggressive investors, the same type who buy cryptocurrency. Bitcoin is down nearly 40% over the past year and off nearly 50% from its 2025 high. Robinhood's first-quarter earnings showed crypto trading revenue fell 47% year over year while prediction market revenue surged 320%.