๐Ÿ“ˆ On-chain data: ๐—ฆ๐—ฝ๐—ฎ๐—ฐ๐—ฒ๐—ซ ๐—ต๐—ผ๐—น๐—ฑ๐˜€ $๐Ÿญ.๐Ÿญ๐Ÿต๐—• ๐—ถ๐—ป ๐—•๐—ถ๐˜๐—ฐ๐—ผ๐—ถ๐—ป โ€” now the ๐Ÿณ๐˜๐—ต ๐—น๐—ฎ๐—ฟ๐—ด๐—ฒ๐˜€๐˜ ๐—ฐ๐—ผ๐—บ๐—ฝ๐—ฎ๐—ป๐˜† post-IPO and one of the world's largest corporate BTC holders.

Hupzy take: Post-IPO, SpaceX's balance sheet is public-facing. Future BTC accumulation or distribution will be visible and could move markets. This creates an indirect BTC-SPCX correlation: positive BTC sentiment flows into SPCX valuation, and vice versa. The $1.19B treasury means SpaceX has real skin in the crypto game beyond just being a pre-IPO name.

$SPCXB

SPCXB
SPCXB
167.86
-0.23%

$BTC

BTC
BTC
64,489.01
+1.57%

#SpaceXIPOUSStocksOpenHigher #USOrdersAnthropicSuspendForeignNationalAccess #DogeRisesNearly6PctOnSpaceXIPO