🚀 SPACEX JUST COMPLETED THE LARGEST IPO
IN CORPORATE HISTORY.
$75 billion raised.
$1.75 trillion valuation.
And 18,712 Bitcoin on its balance sheet.
THE VERIFIED FACTS (CoinDesk, June 12-13, 2026):
SpaceX (ticker: SPCX) began trading
on the Nasdaq on June 12, 2026.
. IPO price: $135 per share
. Capital raised: $75 billion
. Valuation: $1.75 trillion
. First day surge: +19%
. Bitcoin held: 18,712 BTC (~$1.29B)
. Cost basis of BTC: $661 million
(purchased at average ~$35K/BTC)
. Unrealized BTC gain: ~$628 million
WHY THE IPO HURT CRYPTO FIRST:
When SpaceX raised $75 billion —
investors had to SELL other assets
to participate in the IPO.
What did they sell?
. Crypto (risky, liquid, sellable fast)
. Speculative tech stocks
. Other high-risk positions
This "capital rotation" pulled billions
out of crypto in the weeks before June 12.
Bitcoin fell from $73K to below $60K.
A $75B vacuum is hard to fight.
WHY IT IS NOW BULLISH:
The IPO priced. The capital drained.
The selling pressure is GONE.
What remains:
. Every SPCX shareholder has indirect
Bitcoin exposure (18,712 BTC)
. SpaceX normalizes BTC as a corporate
treasury asset at $1.75T scale
. Institutional allocators see a $1.75T
company treating BTC as a strategic reserve
SPCX holds 18,712 BTC.
Tesla holds ~11,509 BTC.
Strategy holds 843,738 BTC.
Combined — one sector of corporate America
is quietly holding over 870,000 Bitcoin.
That is 4.1% of ALL Bitcoin that will ever exist.
Held by three US companies. 🏛️
⚠️ Educational only. Not financial advice. DYOR.
#SpaceX #bitcoin #BTC走势分析 #IPO
#JackDailyBrief #BinanceSquare #June2026
