How SpaceX investors minted money before and after historic $75 billion IPO on Binance

SpaceX completed a historic $75 billion IPO, debuting at $150 per share, an 11 percent premium over its IPO price of $135. Crypto exchange Binance reported nearly $2 billion in pre-IPO perpetual contract trading volume across 11 million trades before listing, peaking at $5.85 billion on IPO day. Post-listing, SpaceX generated over $280 million in direct equity trading and $70 million in fund flows on Binance, with tokenized bStocks (SPCXB) accounting for $65 million of related assets under management.