<div id="readability-page-1"><div><ul><li>Binance is launching a SpaceX-linked “Pre-IPO Perpetual Contract,” letting retail traders speculate on the rocket maker’s valuation before its expected Nasdaq debut.</li><li>SpaceX’s blockbuster IPO, which could value the company near or above $1.75 trillion, is already spawning rival pre-IPO markets and raising concerns that it may siphon capital and attention from bitcoin, major cryptocurrencies and other equities.</li></ul></div></div>

SpaceX is accelerating its Nasdaq listing process, with an expected debut as early as June 12th. The IPO is projected to raise over $80 billion, aiming to be the largest in global capital market history. To pave the way for the listing, SpaceX will implement a 5-for-1 stock split to lower the barrier to entry for investors, and Elon Musk has explicitly pledged not to reduce his holdings. The funds raised will primarily be used for the Starship project and the construction of a low-Earth orbit data center. Financial details of the xAI business, recently incorporated into SpaceX, will also be disclosed for the first time in the prospectus. Wall Street generally believes that the current US stock market has sufficient liquidity to absorb this "super asset" that combines AI and cutting-edge technology. What are your thoughts? Let's discuss!

<p>SpaceX is accelerating its Nasdaq listing process, with an expected debut as early as June 12th. The IPO is projected to raise over $80 billion, aiming to be the largest in global capital market history. To pave the way for the listing, SpaceX will implement a 5-for-1 stock split to lower the barrier to entry for investors, and Elon Musk has explicitly pledged not to reduce his holdings. The funds raised will primarily be used for the Starship project and the construction of a low-Earth orbit data center. Financial details of the xAI business, recently incorporated into SpaceX, will also be disclosed for the first time in the prospectus. Wall Street generally believes that the current US stock market has sufficient liquidity to absorb this "super asset" that combines AI and cutting-edge technology. What are your thoughts? Let's discuss!</p>

SpaceX's target launch date: June 12th

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<p>Binance is introducing a SpaceX-linked 'Pre-IPO Perpetual Contract' for retail traders to speculate on the company's valuation ahead of its anticipated Nasdaq debut, potentially valuing SpaceX at $1.75 trillion. This move raises concerns about capital diversion from bitcoin and other major cryptocurrencies.</p>

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Binance launches SpaceX pre-IPO perps amid $2 trillion valuation bets