🤯 Just issued 20 billion yuan in bonds right after going public? SpaceX's move left me stunned!



Just received an investment-grade rating (Moody's Baa1, Fitch BBB+, S&P BBB),

And then news came out that they plan to issue at least $20 billion in bonds.

What is Elon Musk trying to do 🌚?

IPO documents show the company's long-term debt is 29.1 billion yuan, and this bond is to refinance the bridge loan due in September 2027.

But what really excites me is the on-chain data! 🔥

Backpack issued on $SOL , with a weekly trading volume reaching $439 million, accounting for 91.7% of the tokenized SpaceX trading volume! Liquidity of $9.8 million, accounting for 87.5%. The entire Solana tokenized stock trading volume hit a new high of $1.04 billion, accounting for 70.6% of the entire network.

Interesting part is coming—$SPCX ‌ price is currently hovering around $71.34, up 2.38% in 24 hours.

From a technical perspective, BOLL upper band at 72.45, lower band at 67.85, MACD just showed a golden cross.

But the Fed's hawkish comments are weighing on the market, making it difficult for SOL to push past $80.

This narrative is very clear: SEC is brewing new policies to allow crypto companies to experiment with tokenized stock trading. Once implemented, the boundaries between traditional stock markets and the crypto world will be completely broken.

Solana has taken the lead in tokenized stock settlement, but SOL's price is still hovering low—on-chain activity is lively, but prices are cold. Do you notice this divergence 🤔?

👇 Share your thoughts in the comments: Are you optimistic about the tokenized stock track? Can SPCX continue to surge?

Follow me to catch the latest market updates every day! 🚀

$SOL
SOL5.16%
SPCX1.12%
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TalkingAboutMemeAsTheCoinMakes
· 18h ago
Buy the dip 😎
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