SpaceX, the private aerospace company founded by Elon Musk, is reportedly preparing for an initial public offering (IPO) that could value the company at up to $75 billion, according to recent reports. The company, known for its Falcon rockets, Starlink satellite internet, and Starship development, is said to be considering offering up to 30% of the shares directly to retail investors, a move that would be unusually large for a major IPO.
This potential retail allocation has led to online speculation that some individual investors might sell cryptocurrency holdings—such as Bitcoin or Ethereum—to raise cash for the SpaceX IPO. However, as of June 6, 2026, there is no verified data or official statement confirming that retail traders are significantly selling crypto to buy SpaceX shares. The speculation appears to be based on anecdotal chatter on social media platforms like Reddit and X (formerly Twitter).
SpaceX has not officially filed for an IPO, and the company's valuation and offering details remain unconfirmed. The $75 billion figure cited in some reports is based on secondary market transactions and analyst estimates, not official company disclosures. The U.S. Securities and Exchange Commission (SEC) has not received a public filing from SpaceX as of this date.
Financial analysts caution that while retail interest in SpaceX is high due to Musk's popularity and the company's achievements, the actual impact on cryptocurrency markets is likely minimal. Bitcoin's price has remained relatively stable in recent weeks, suggesting no large-scale sell-off linked to IPO anticipation.
