$H $ESPORTS $VELVET SpaceX's first day of trading ignites the global market!


It rises every day, then drops to zero! What exactly do you want! When in doubt, buy Conan! Damn, Musk gave me hundreds of thousands out of thin air!

Market capitalization surpasses 2 trillion, the next crypto legend is on the way

June 13th, a day worthy of being recorded in financial history.

Elon Musk's "space fantasy" — $SPACE X, finally landed on NASDAQ, stock code SPCX.

Peak at opening? No, the peak is still ahead.

SPCX's opening price was set directly at $150, soaring to a high of $176.52 during trading, and finally closing steadily at $161, a 19% increase on the first day. Market cap broke through $2.1 trillion, instantly ranking ninth in global asset market value.

What does this mean? It surpasses Canada's entire GDP and exceeds giants like Meta and Berkshire Hathaway.

Even more terrifying is the first-day trading volume — about $80 billion. This is not only the hottest US stock IPO of the year but also a rare "national celebration" in recent years.

Why is everyone watching SPCX?

It's simple, this is not just a rocket-building company.

SpaceX represents humanity's ambition for space — Starlink now covers over 60 countries and regions worldwide, the third test flight of Starship is in countdown, NASA's crewed lunar landing contract is in hand... every business is a trillion-dollar track.

And the frenzy in the secondary market has quickly spread to the crypto world.

On the night of SPCX's listing, its official contract trading competition launched simultaneously, with a total prize pool of 150k USDT, and individual rewards up to 2,000 USDT. Major communities instantly exploded, contract trading volume surged.

Topics related to "SPCX" quickly shot to the trending list, with over 12.22 million views. Some say this is a "cross-dimensional resonance" between US stocks and the crypto world.

But let's stay calm and consider a few questions:

First, is a market cap of 2 trillion expensive?

Compared to Tesla, which has a market cap of about 1.2 trillion dollars. SpaceX's first day exceeded Tesla's historical peak market cap by 1.5 times. The market is not valuing it as a "space company," but as a "space infrastructure monopoly" with a premium.

Second, what happens after the frenzy?

It surged at open, then pulled back, closing at $161, slightly below the intraday high. This is normal — some initial investors took profits. The key is the next three days: if it stays above $160, it indicates strong institutional support; if it drops below $140, short-term hype may fade.

Third, what does this mean for crypto players?

The SPCX contract trading competition essentially combines the volatility of top US stocks with high leverage in crypto. In the short term, the buzz will create trading opportunities; in the long term, if SpaceX truly implements Starlink tokenization or other on-chain applications, that will be the real explosive point.

Finally, some practical advice:

If you're a long-term investor, wait until the first week’s turnover stabilizes before considering entry — don’t chase the high.
If you're a short-term trader, keep an eye on the SPCX contract's long/short ratio and liquidation data; the greater the volatility, the more opportunities there are.
If you're just a space enthusiast... congratulations, you’ve witnessed the first stock of humanity’s move toward multi-planet civilization.

SPCX is just the beginning.
Next might be Starlink's split listing, or a Mars city coin.
Elon Musk’s chessboard has never been in the stock exchange — it’s among the stars and oceans.
#SPCX上市首日收盘161美元,市值突破2万亿 It rises every day, then drops to zero! What exactly do you want! When in doubt, buy Conan! #我的Gate交易时刻 #预测世界杯德国VS库拉索 #SpaceX认购规模超2500亿美元
H43.86%
ESPORTS-66.45%
VELVET-12.79%
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TimeCoNan
· 41m ago
Buy the dip and enter the market 😎
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ConanDogKing
· 58m ago
The power of consensus is powerful
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GoldenDogCollectorConan
· 6h ago
Steadfast HODL💎
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UncleConan
· 8h ago
Just charge forward 👊
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ConanDogKing
· 8h ago
Ke Nan Ecosystem Implementation Sparks Growth
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