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SpaceX’s $1.8T IPO Dream Haunts Bitcoin Traders
Bitcoin’s drop below $62,000 during the June 2026 selloff has revived a pointed debate among traders and analysts. A growing camp argues that speculative capital is rotating out of crypto and into equity opportunities led by SpaceX’s reported $1.8 trillion IPO, crypto.news reported. Context and Background: The June crash erased roughly $250 billion from total crypto market capitalization in a single week. U.S. stock indices held near record highs during the same period, with the Nasdaq-100 up 43% year over year. That divergence is the rotation theory’s strongest evidence. SpaceX’s anticipated IPO would rank ... (full story)
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