Scan to download
BTC $78,232.14 -1.06%
ETH $2,180.96 -1.70%
BNB $656.54 -2.35%
XRP $1.41 -1.40%
SOL $86.51 -2.96%
TRX $0.3546 +0.85%
DOGE $0.1099 -2.74%
ADA $0.2545 -2.49%
BCH $417.28 -1.76%
LINK $9.74 -3.08%
HYPE $41.81 -4.91%
AAVE $90.29 -2.64%
SUI $1.06 -2.40%
XLM $0.1516 -1.67%
ZEC $510.88 -1.44%
BTC $78,232.14 -1.06%
ETH $2,180.96 -1.70%
BNB $656.54 -2.35%
XRP $1.41 -1.40%
SOL $86.51 -2.96%
TRX $0.3546 +0.85%
DOGE $0.1099 -2.74%
ADA $0.2545 -2.49%
BCH $417.28 -1.76%
LINK $9.74 -3.08%
HYPE $41.81 -4.91%
AAVE $90.29 -2.64%
SUI $1.06 -2.40%
XLM $0.1516 -1.67%
ZEC $510.88 -1.44%

rai

SpaceX is expected to publicly file its prospectus next week, aiming to raise over $70 billion

According to CNBC, SpaceX plans to publicly release its IPO prospectus as early as next week, aiming to start a global roadshow on June 8 to formally introduce the deal to investors. The company secretly submitted its IPO application in April this year. This IPO is expected to become the largest in history. In February this year, SpaceX completed a merger with Elon Musk's artificial intelligence company xAI, resulting in a post-merger entity valuation of $1.25 trillion. Reports indicate that the company's target fundraising scale for the IPO is about $70 billion to $75 billion, more than double the record set by Saudi Aramco in 2019. The expected valuation for the SpaceX IPO has risen from $1.75 trillion to $2 trillion. According to regulations, the prospectus must be made public at least 15 calendar days before the roadshow begins, but SpaceX and its advisors hope to disclose it earlier to give investors more time to digest the financial data. Due to the unprecedented scale of this stock sale, SpaceX's advisory team is seeking special sales channels, particularly targeting retail investors outside the U.S. who prefer long-term holdings, including engaging with brokers in countries such as the UK, Japan, and Canada to secure allocation shares for their clients. As a result of this news, satellite and space concept stocks like Redwire, AST SpaceMobile, and Rocket Lab surged by 22.08%, 10.96%, and 6.77% respectively on the 14th.

Bitcoin spot ETFs have seen net positive inflows for seven consecutive weeks, with IBIT attracting $269.3 million in a single day yesterday. The House fundraising committee is holding a closed-door meeting on cryptocurrency tax reform today, in sync with the Senate markup

According to BBX data, institutional demand for Bitcoin ETFs maintained strong momentum yesterday. Today, both houses of Congress are advancing cryptocurrency legislation simultaneously for the first time, with the core dynamics as follows:The U.S. Bitcoin spot ETF recorded a total net inflow of approximately $358.1 million yesterday (May 13), with BlackRock, Inc. (NYSE: $BLK) subsidiary iShares Bitcoin Trust (NASDAQ: $IBIT) seeing a single-day net inflow of $269.3 million, the strongest single-day data in recent weeks; the overall U.S. Bitcoin spot ETF has recorded net positive inflows for seven consecutive weeks, further reinforcing the structural signal of institutional capital returning. Bitcoin closed above $80,000 yesterday, with a year-to-date increase of about 14%, and market sentiment remains relatively optimistic on the eve of the CLARITY Act markup.The House Ways & Means Committee held a closed-door meeting today (May 14) on cryptocurrency tax reform in sync with the Senate Banking Committee's CLARITY Act markup, covering topics such as the treatment of capital gains tax on crypto assets, tax reporting responsibilities for DeFi protocols, and the tax classification of Bitcoin mining and staking income; this marks the first time in 2026 that both houses of Congress are advancing cryptocurrency regulatory legislation on the same day, indicating that cryptocurrency regulatory legislation has expanded from a single market structure issue to a complete legislative ecosystem of "regulatory framework + tax system."
app_icon
ChainCatcher Building the Web3 world with innovations.