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XRP $1.19 -4.74%
SOL $71.81 -4.59%
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DOGE $0.0856 -3.31%
ADA $0.1683 -6.84%
BCH $211.30 -4.16%
LINK $8.11 -3.79%
HYPE $70.06 -7.26%
AAVE $74.45 -2.03%
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XLM $0.2239 -1.92%
ZEC $476.30 -7.43%

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SpaceX today listed on Nasdaq at $135 per share, with a market value of $1.77 trillion, the largest IPO in history. Robinhood allocated SPCX shares to retail users through a random lottery

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."

Gate Alpha Peak Trading Competition has begun, claim a $50,000 airdrop, and enter the lottery to win gold bars and an iPhone

According to official news, Gate Alpha officially launched the "Peak Trading Competition" event on March 24, open for trading in all currencies in the Alpha Zone. Users can register and trade to participate in sharing a prize pool of up to $50,000 USDT. The event uses a total trading volume mechanism to unlock the prize pool; the higher the number of participants and trading volume, the more rewards can be unlocked, with a maximum individual reward of $2,100 USDT for leaderboard rankings.At the same time, users will receive 1 lottery chance for every 500 USDT traded, with a 100% winning rate. Prizes include fee rebate vouchers, gold bars, and the chance to win an iPhone 17 Pro Max valued at $1,399. New users can also draw extra on their first order. All participating users can receive rewards, and those who trade a total of 100 USDT can directly receive a 10 USDT fee rebate voucher.The top 4 cryptocurrencies by increase today on Gate Alpha are: Dragon (740.86%), ESOTERIC (688.38%), ABSTRAKT (459.43%), and Dog bot (364.69%).Gate Alpha now supports popular public chains such as SOL, ETH, Gate Layer, BSC, Base, SUI, ARB, World Chain, AVAX, Polygon, LINEA, ZK, OP, and Berachain, and enables seamless trading of tokens across all chains through the contract address search function, facilitating cross-chain trading and achieving one-click access to on-chain tokens.
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