May 27, 2026 3:27 PM
SpaceX’s $2 trillion IPO proves Bitcoin isn't for "crypto companies"—it’s for every "forward-thinking" business. With $1.4 billion in BTC representing just 0.1% of its value, SpaceX makes Bitcoin a boring treasury line item, not a personality trait. This signals the inevitable decline of pure-play Bitcoin vehicles like MicroStrategy as BTC goes mainstream. If the world’s most advanced company treats Bitcoin as a standard hedge, why hasn't every S&P 500 firm followed suit?
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