Decrypt·3d ago·positive

SpaceX Prices Record $75B IPO at $135, Tokenized Shares Launch on Solana

SpaceX priced the largest IPO in history at $135 per share, raising $75 billion. Crypto platforms Backpack and Sunrise launched tokenized SPCX shares on Solana, while SpaceX holds 18,712 Bitcoin worth nearly $1.2 billion.

SpaceX priced 555.6 million shares at $135, valuing the company at $1.77 trillion in the largest IPO ever.
Backpack Securities and Sunrise launched tokenized SPCX shares on Solana, redeemable one-to-one for real shares.
SpaceX holds 18,712 Bitcoin worth nearly $1.2 billion on its balance sheet.
Hyperliquid ran pre-IPO markets with SPCX trading at $177 ahead of the Nasdaq open.

marketexchangeImpact 7/10

Why our editor rated this positive

A major company with a large Bitcoin treasury going public and crypto platforms offering tokenized access to retail investors signals growing integration between traditional finance and crypto markets.

Read the full story at Decrypt

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Last updated 13 Jun 2026

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