SpaceX IPO Attracts Over $250B Investor Demand, Pricing This Week Amid Crypto Liquidity Concerns

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According to ChainCatcher, SpaceX's IPO has attracted over $250 billion in investor demand as of June, far exceeding its planned $75 billion fundraising target and reaching approximately 4x subscription. The company's valuation is estimated at around $1.8 trillion, making it potentially the largest IPO on record if completed. Pricing is expected Thursday, though demand figures may still fluctuate.

Crypto exchanges including Binance, Coinbase, Kraken, and Bybit have launched perpetual futures for SPCX this month. Binance's SPCX perpetuals have accumulated $2.1 billion in trading volume over 18 days across 130+ countries, while decentralized exchange Hyperliquid recorded $70 million in 24-hour volume with over $115 million in open interest.

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