SpaceX Just Became the Most Valuable Post-IPO Company Ever

About this episode

David discusses SpaceX's IPO and its implications for the market.

It's SpaceX IPO day, and it’s on track to be the most valuable post-IPO company in history — $1.77T, surpassing Saudi Aramco. David walks through the numbers, the pre-IPO trade on Hyperliquid, and why the edge wore off months ago. Plus: Nakamoto selling Bitcoin while Tom Lee's BitMine keeps stacking ETH, and where prediction market volumes are during the NBA Finals. TIMESTAMPS: (00:00) Intro (01:08) SpaceX IPO (07:27) Treasury Companies (15:47) Prediction Markets FOLLOW THE SHOW › David — https://x.com/dcanellis › The Breakdown — https://x.com/TheBreakdownBW › The Breakdown Newsletter — https://blockworks.com/newsletter/the-breakdown Get top market insights and the latest in crypto news. Subscribe to the Blockworks Daily Newsletter: https://blockworks.co/newsletter/ DISCLAIMER As always, remember this podcast is for informational purposes only, and any views expressed by anyone on the show are solely their opinions, not financial advice.

People in this episode

Host: David

Topics covered

• SpaceX IPO
• valuation
• cryptocurrency
• prediction markets
• investing

Keywords

• SpaceX
• IPO
• valuation
• Bitcoin
• ETH
• prediction markets
• NBA Finals

Mentioned in this episode

Organizations: SpaceX, Saudi Aramco, Hyperliquid, BitMine

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