Reports Say SpaceX Eyes IPO That Could Value Company at $1.75 Trillion
The reported "Project Apex" listing would seek $75 billion and, according to Arkham (blockchain analytics platform), SpaceX currently holds 8,285 BTC on its books.
Summary
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Terms & Concepts
IPO: An initial public offering is the process of listing a private company on public stock markets by selling shares to investors.
BTC: BTC is the ticker symbol for Bitcoin, the largest cryptocurrency by market value.
Arkham: Arkham is a blockchain analytics platform that tracks on-chain wallet activity and attributed crypto holdings.