SpaceX Targets Record $75 Billion IPO as Bitcoin Treasury and Liquidity Risks Draw Focus

Elon Musk’s Space Exploration Technologies Corp. is charging toward what could be the most consequential stock market debut in history — and the ripple effects are already being felt across the cryptocurrency market. SpaceX has outlined plans for a record $75 billion stock market debut that would value the company at approximately $1.77 trillion. According…

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Bitcoin price recovers after weak U.S. jobs data eases pressure on risk assets

Bitcoin has rebounded from an intraday low near $61,500 after weaker-than-expected U.S. labor market data strengthened expectations that the Federal Reserve could still lower interest rates later this year. Summary Bitcoin price rebounded from an intraday low near $61,550 after U.S. jobless claims exceeded forecasts, boosting expectations of future Federal Reserve rate cuts. U.S. initial…

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