SpaceX holds 8,285 BTC but its IPO might suck $220B out of retail risk money

SpaceX filed a confidential $75B IPO with a $1.75T-$2T valuation, likely in June, which could drain $220B from retail crypto liquidity. The company holds 8,285 BTC ($600M) and may signal broader corporate adoption of Bitcoin. OpenAI and Anthropic are also planning IPOs, collectively aiming to raise over $240B by year-end.