ipo

According to monitoring by Catcher Predict, in the "SpaceX IPO Market Capitalization Prediction" event on the prediction market Polymarket, the "Yes" option for the sub-market ">$2.2T" has experienced severe fluctuations in winning probability, dropping from 68.5% an hour ago to the current 21% (a fluctuation of 47.5%). Please note the impact of related breaking news.

SpaceX completed its IPO today, raising the highest amount ever. As of the time of writing, SpaceX's stock price is $166, corresponding to a market value of approximately $2.16 trillion.This market value makes SpaceX the sixth largest publicly traded company in the United States, following Nvidia, Alphabet, Apple, Microsoft, and Amazon.

According to the official announcement, Binance Wallet has canceled the SPCXx IPO event due to "uncontrollable factors." All USDC locked by participating users will be fully refunded through the original route, expected to be completed by June 12, 2026. At the same time, approximately 1 million USD equivalent of bStocks SpaceX token SPCXB will be airdropped to participating users based on their participation, expected to be distributed to spot accounts by June 18, 2026.SPCXB is a tokenized security that is 1:1 pegged to SpaceX stock, held by a regulated custodian institution with proof of reserves, and will subsequently be listed for trading on the Binance spot market.

The Binance contract will go live on June 13 at 00:15, converting the SPCXUSDT Pre-IPO perpetual contract into the standard SPCXUSDT TradFi perpetual contract. The marking price smoothing process may take up to 3 hours, but trading functionality will not be affected, and unfilled orders and positions will not be canceled.

SpaceX (SPCX.O) opened at $150 on its first day of trading on the US stock market, with an IPO issuance price of $135 per share.

According to the official announcement, Gate has completed the stock distribution for the direct IPO phase project SpaceX (SPCX). Users can check their SPCX stock assets that have been credited to their stock accounts; the unallocated portion and remaining subscription funds have been automatically returned to the spot account. With the completion of the stock distribution, SPCX will subsequently enter the market trading phase according to the new stock listing process in the U.S.Meanwhile, Gate has launched exclusive benefits for users who subscribed to SpaceX (SPCX), allowing participation in designated USDT surplus products with a maximum annualized return of 200%. Holding USD1 also grants additional yield rewards. The platform has simultaneously launched the "SPCX Stock Launch Plan" limited-time event. During the event, users participating in stock trading can receive first-order rewards, share their SPCX holdings for a chance to receive stock airdrops, and complete designated trading volumes to participate in leaderboard competitions, with a total of 50,000 USDT worth of SPCX stock prize pool to share.In addition, Gate stocks have launched on the stock trading web platform, achieving comprehensive coverage on both App and Web. Gate stocks support trading over 10,000 mainstream U.S. market stocks and ETFs using USDT, covering major U.S. securities trading markets such as the NYSE and NASDAQ, and support fractional trading starting from as low as 0.01 shares. With the launch of the direct IPO, Gate is gradually improving its product ecosystem covering Pre-IPO, IPO, and stock trading, providing users with a more convenient one-stop global investment experience.

Bitget Wallet announced regarding the tokenized IPO subscription for SpaceX that, due to unforeseen market factors, the tokenized shares from this IPO cannot be issued to users. Bitget Wallet will fully refund users in USDT to the Solana addresses registered at the time of subscription tonight, covering the principal amount and a 5% handling fee.Bitget Wallet also stated that it will continue to expand its tokenized stock IPO business in the future. The addresses of users who participated in this subscription will automatically be whitelisted, enjoying priority subscription rights for future tokenized IPOs.In addition, as compensation, the platform will airdrop GetGas worth 10 USDT to each participating address, which can be used to offset stock trading gas fees for the next month.

According to Jinshi reports, Nasdaq stated that SpaceX is still in a pre-IPO state and is expected to begin trading soon.

According to Jinshi reports, the SpaceX IPO reportedly attracted over $350 billion in total demand. Among this, over $250 billion came from institutional subscriptions.

According to monitoring by Catcher Predict, in the "SpaceX IPO Market Capitalization Prediction" event on the Polymarket, the "Yes" option in the sub-market ">$2.4T" has experienced significant fluctuations, dropping from 49% an hour ago to the current 31.5% (a fluctuation of 17.5%). Please note the impact of related breaking news.

ChainCatcher, the Web3 asset data platform RootData released "Overview of Mainstream Cryptocurrency Exchanges' Layout for SpaceX IPO." Research shows that at least 8 centralized cryptocurrency exchanges, including Coinbase, Binance, OKX, Bybit, and Gate, are preparing for the SpaceX IPO event, launching different products such as perpetual contracts and IPO subscriptions. Among them, Bitget and Gate launched related products as early as April, attracting user funds and trading interest. In addition, exchanges such as Upbit, Gemini, Kucoin, HTX, and Bitfinex are also set to launch related products.

Despite Elon Musk selling a portion of his shares through the IPO, he has not relinquished control over SpaceX. According to the company's prospectus, after the completion of the IPO, Musk will still hold 82.4% of the combined voting power of SpaceX, maintaining absolute dominance over significant company matters.SpaceX employs a dual-class share structure, where Class B shares have 10 votes per share, while Class A shares have only 1 vote per share. After the IPO, Musk will still hold the vast majority of Class B high-vote shares, thereby maintaining overwhelming control in board elections, merger transactions, and other major corporate decisions. Unlike many tech companies that see control gradually dispersed after going public, SpaceX will remain a publicly traded company that is highly controlled by Musk.

According to Reuters, Anthropic has signed more than 12 preliminary leasing agreements for data centers in the United States, with a total capacity exceeding 1 gigawatt. It is reported that Anthropic executives are discussing with Google about providing financial guarantees for these lease payments, while Apollo Global Management and Blackstone are providing private credit as part of a broader financing structure.Google's Gemini directly competes with Anthropic's Claude, but Google has committed up to $40 billion in investment to Anthropic and is participating in joint server chip design. Last month, Anthropic completed a $65 billion financing round with a valuation of $965 billion, surpassing OpenAI to become the AI company with the highest implied market value, and has secretly submitted a U.S. IPO application.Previously, Anthropic mainly relied on cloud service providers like Google Cloud for computing power, and building its own data centers aims to reduce dependence on competitors. In addition, Anthropic pays SpaceX (also a competitor through xAI) $1.25 billion per month for computing power. Neither Google nor Anthropic has publicly responded to specific details.

The cryptocurrency derivative contract SPCX related to the SpaceX IPO has rebounded on the decentralized trading platform HyperLiquid, as market expectations for the debut performance of the aerospace company founded by Elon Musk have revived. Data shows that the trading price of the SPCX contract rose to about $176 to $183 on Friday, after dropping to around $153 earlier this week, significantly rebounding from the approximately $157 level when the market was focused on it on Wednesday. Currently, the open interest for this contract is about $216 million, with a 24-hour trading volume exceeding $150 million.SPCX does not represent ownership of SpaceX stock, allocation rights, or company equity, but is a cash-settled derivative. However, since the IPO issuance price for SpaceX has been set at $135 per share, this contract is viewed by the market as an important reference for measuring investor expectations for the opening price on the first day of trading. Based on the current price of about $183, SPCX implies a premium of about 36% for SpaceX's first-day listing. Earlier in May, this contract rose to $216, corresponding to a premium of about 60% over the IPO price; while earlier this week, when it dropped to $157, market expectations for the premium narrowed to about 16%.Meanwhile, other informal market signals also indicate a warming of investor expectations. Bloomberg reported that data from IG International's related derivatives shows that the market implies a valuation of SpaceX at about $2.4 trillion, which is over 35% higher than the approximately $1.77 trillion valuation corresponding to the IPO pricing. Additionally, Polymarket users currently assign about a 70% probability that SpaceX's closing market value on the first day will exceed $2 trillion. SPCX had previously accumulated a decline of about 30% over the past few weeks, reflecting traders' cautious outlook on SpaceX's listing performance; however, the recent rebound indicates that the market is recalibrating the potential high valuation premium that the SpaceX IPO may bring.

According to monitoring by Catcher Predict, in the "SpaceX IPO Market Capitalization Prediction" event on the prediction market Polymarket, the probability of the "Yes" option in the submarket ">$2.2T" has experienced significant fluctuations, soaring from 41.5% an hour ago to the current 59% (a fluctuation of 17.5%). Please note the impact of related breaking news.

According to Hyperinsight monitoring, SpaceX plans to officially list on NASDAQ at 21:30 (Beijing time) on June 12. On the eve of the IPO, trading activity for SPCX on the Hyperliquid platform surged, with a 24-hour trading volume reaching 136 million USD, and the open interest exceeding 200 million USD during the same period.The largest long whale on Hyperliquid currently holds 17.6 million USD in long positions, with an average price of 165.7 USD. This position was opened two days ago, and as of the time of writing, the unrealized profit has reached 600,000 USD.

According to BBX data, the largest IPO in history officially opened yesterday, with retail allocation unprecedentedly conducted in an equitable manner. The core dynamics are as follows:SpaceX, Inc. (NASDAQ: $SPCX) officially began trading on the Nasdaq Global Select Market today, with an offering price of $135 per share (pricing confirmed on June 11), issuing 555,555,555 shares of Class A common stock, raising approximately $75 billion, with a total market capitalization of about $1.77 trillion, breaking the record for the largest IPO in history previously held by Saudi Aramco at $29.4 billion in 2019; underwriters have an additional 30-day over-allotment option to purchase 8.33 million shares, with IPO settlement expected to be completed on June 15. Investor demand exceeded the IPO size by 3.3 to 4 times, with total subscription intentions exceeding $200 billion; 30% of the shares are reserved for retail investors (far higher than the traditional IPO allocation of 5 to 10%), with participating brokers including Charles Schwab, Fidelity (minimum account $2,000), Robinhood, SoFi, and E*TRADE. Key financial data (from the S-1 prospectus): full-year revenue for 2025 is projected at $18.7 billion (with Starlink contributing about 61%, over 9 million users), net loss of $4.9 billion (mainly due to AI capital expenditures of $12.7 billion); Q1 2026 revenue is $4.69 billion, net loss of $4.27 billion (mainly due to xAI merger integration expenses); average analyst target price is $165.Robinhood Markets, Inc. (NASDAQ: $HOOD) is explicitly listed as one of the retail allocation brokers in the SpaceX S-1 prospectus, using a random lottery method to allocate SPCX shares (no minimum account balance requirement, but due to 3 to 4 times oversubscription, the actual allocation probability is very low); differentiated positioning compared to Fidelity (asset threshold stratification) and Schwab (account qualification requirements) ------ Robinhood is the only mainstream broker that unconditionally opens the subscription entry to all accounts, aligning with its "democratization of IPOs" positioning; the 30% retail reservation ratio by SpaceX is viewed by analysts as an important signal in Robinhood's narrative of transforming from "trading platform to capital market entry."