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SpaceX’s market value approaches $2.6 trillion—nearly double Bitcoin’s—crushing risk appetite across the crypto market

Source: www.coindesk.com
According to CoinDesk, its stock price has continued to surge following its IPO, with its latest market capitalization exceeding $2.5 trillion (approximately $2.6 trillion), representing a cumulative gain of over 40% since its listing on June 12—propelling it to become the world’s sixth-largest company and approaching double Bitcoin’s market cap, sparking market attention on “reallocation of venture capital.”

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