After SpaceX's official listing on the stock exchange with a valuation close to $2 trillion, the debate has reignited regarding the impact of this move on the crypto market, especially since the company still holds Bitcoin on its balance sheet.
When asked about the potential impact of the IPO, the AI models 'Gemini' and 'ChatGPT' both agreed that the short-term picture differs from the long-term outlook.
Potential pressure on Bitcoin's price in the short term:
The models indicate that the massive launch could prompt some investors to pull liquidity from high-risk assets, including cryptocurrencies, to participate in 'SpaceX' stocks.
They noted that part of the funds that were directed toward Bitcoin or altcoins may temporarily shift towards the new stock, especially given the significant interest the launch has received from retail investors.
The long-term picture looks more bullish:
Conversely, the models believe that 'SpaceX's' success as a public company, while continuing to hold Bitcoin, reinforces the digital currency's status as a treasury asset adopted by major corporations.
Additionally, the launch could create new liquidity in the markets through profits generated by early investors and company employees, which may later flow into Bitcoin and other cryptocurrencies.
In summary:
Both 'Gemini' and 'ChatGPT' suggest that the impact of the 'SpaceX' launch will be limitedly negative on Bitcoin in the short term due to liquidity shifting towards the new stock, while the long-term effects appear more favorable, especially if the company continues to hold its Bitcoin stash on its balance sheet.
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