Markets· ★★★· neutral·

Bitcoin Up 26% Since SpaceX Debut as Anthropic IPO Looms

  • —Bitcoin is up roughly 26% since SpaceX began trading on June 12 and about 37% from its June 30 low
  • —SpaceX shares are down 9% from their post-debut peak but still 9% above the IPO price
  • —Bitcoin's market cap is near $1.6 trillion versus Anthropic's implied valuation of almost $1.9 trillion
  • —Exchanges now offer pre-IPO perpetual futures on Anthropic, mirroring the SpaceX playbook
Why it matters: Mega-IPOs can temporarily siphon liquidity from crypto, but the SpaceX episode shows BTC can rally even as capital rotates into AI names.
#BTC
Source: Bitcoin.com
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