SpaceX's $1.5T IPO: Crypto Holdings & Moon Missions

Markets & Money Today | 2 Min News | The Daily News Now! - A podcast by The Daily News Now! - Fridays

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SpaceX, led by Elon Musk, is reportedly planning a massive IPO, potentially valuing it at $1.5 trillion, making it the largest public offering ever. This would involve investing in not just rockets and satellites, but also a company holding thousands of Bitcoin and using Dogecoin for missions. SpaceXs crypto holdings, managed through Coinbase Prime, have seen fluctuations over the years. Recent transfers show significant involvement with Bitcoin. This potential IPO could provide fresh capital for Starlink expansion and space data centers, further broadening Musks influence in AI and crypto infrastructure.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.