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SpaceX Stock Jumps Another 19.6% on Second Day of Public Trading, Market Cap Reaches $2.52 Trillion

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SpaceX (NASDAQ: SPCX) surged 19.6% on Monday, closing at $192.50 per share to extend its explosive public market debut. The company’s market capitalization has climbed to $2.52 trillion, making it the seventh-largest publicly traded company in the United States. The massive float has triggered retail and institutional frenzy, with the stock briefly touching an after-hours high of $229.85. Following its historic public market debut last...

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SpaceX IPO Brings Largest Corporate Bitcoin Treasury to Public Markets

SpaceX IPO Brings Largest Corporate Bitcoin Treasury to Public Markets

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SpaceX disclosed 18,712 BTC purchased for ~$661 million and valued at $1.29 billion as of March 31 in its S-1 filing, positioning it among the largest corporate holders. The aerospace giant completed its historic Nasdaq debut, raising $75 billion in the largest IPO ever, with shares surging in post-IPO trading. Unlike dedicated Bitcoin treasury firms, SpaceX treats its holdings as a non-core strategic cash reserve, a framing that could...

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Bitcoin Surges Past ,000 as Trump Declares US-Iran Peace Deal Complete, Reopening Strait of Hormuz

Bitcoin Surges Past $65,000 as Trump Declares US-Iran Peace Deal Complete, Reopening Strait of Hormuz

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Bitcoin (BTC) rose over 2% to surpass $65,000, hitting an intraday high of $65,641 following de-escalation signals. President Trump declared the US-Iran deal “now complete” on Truth Social, authorizing immediate toll-free reopening of the Strait of Hormuz and lifting the US naval blockade. Oil prices fell sharply, with WTI crude down ~3.2% near $84.88/barrel and Brent ~3.4% lower, easing supply disruption fears. Formal signing ceremony...

Bitcoin, Cryptocurrencies, Front page, News

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Bitcoin Hits Cycle Low at ,000 as Standard Chartered Declares Crypto Winter Over

Bitcoin Hits Cycle Low at $59,000 as Standard Chartered Declares Crypto Winter Over

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Bitcoin reached a cycle low of approximately $59,375 before recovering to trade near $63,500, a 53% drawdown from its October 2025 all-time high of $126,000. Standard Chartered analyst Geoffrey Kendrick declared the “crypto winter” over, citing the SpaceX IPO and potential U.S.-Iran de-escalation as key catalysts. SpaceX completed its record $75 billion IPO at $135 per share, debuting with strong gains and indirect Bitcoin...

Bitcoin, Cryptocurrencies, ETF, Front page, News, TradFi

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SpaceX Makes Historic Nasdaq Debut, Shares Surge Over 20% to Top $2 Trillion Valuation

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SpaceX debuted on the Nasdaq under the ticker SPCX after pricing its record-breaking initial public offering at $135 per share to raise $75 billion. Shares opened at $150 and surged past $176 in intraday trading, driving the company’s market capitalization above $2 trillion. The historic market debut officially crowns CEO Elon Musk as the world’s first trillionaire, with a paper net worth reaching an estimated $1.1...

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