Will SpaceX's IPO Become the Largest IPO in History?
On December 9th, rumors of a SpaceX IPO sparked discussions about whether it would be the largest IPO in history. Elon Musk quickly responded, stating that it was currently more of a rumor than an actual development.
Following the announcement, Tesla's stock price rose approximately 12%, reaching a new all-time high, and Musk's net worth surpassed $600 billion.
While we cannot definitively say that SpaceX's IPO will be the largest in history, it is undoubtedly another positive catalyst for the stock market.
Currently, the "altcoin season" we had anticipated in the cryptocurrency market is unfolding in the stock market. HOOD's stock price rose by approximately 300%, CRCL successfully listed, and its stock price doubled on its first day of trading; similar examples abound.
This is not necessarily bad news for cryptocurrencies. The widespread adoption of tokenized stocks and RWAs (Risk-Weighted Assets) can move funds onto the blockchain. Imagine what it would be like if SpaceX's stock ticker were also tokenized.
If this trend of attention continues, the altcoin market may return to the cryptocurrency space—or at least make it easier for investors to enter this hot area through familiar on-chain mechanisms.