SpaceX Raises $75B IPO, Secures $60B Anysphere Acquisition
SPCX•SpaceX raised about $75 billion in its June IPO, briefly reaching a $3 trillion valuation before cooling near $2.7 trillion and secured a $60 billion all-stock acquisition of AI coding firm Anysphere. Open interest on perpetuals shows $45 million in net short positions even as heavy options volume and a successful AST SpaceMobile satellite launch drive trading momentum.
1. IPO Performance and Valuation
SpaceX raised about $75 billion in its June IPO, marking the largest-ever proceeds for a public listing. Its market capitalization spiked to roughly $3 trillion in early trading before settling near $2.7 trillion, reflecting intense demand and speculative interest in the newly listed shares.
2. Anysphere Acquisition and Strategic Impact
Shortly after its public debut, SpaceX agreed to acquire AI coding firm Anysphere in an all-stock transaction valued at $60 billion. The deal expands SpaceX’s footprint in artificial intelligence, positioning the company to leverage satellite-based computing alongside its launch services.
3. Trading Activity and Investor Positioning
Hyperliquid perpetuals show $45 million in net short bets against SpaceX despite strong early performance, while options volume surged on the stock’s first tradable contracts. Institutional indicators such as Chaikin Money Flow and VWAP positioning suggest continued accumulation by large investors.
4. Recent Launch and Momentum Boost
SpaceX’s Falcon 9 successfully delivered a batch of AST SpaceMobile satellites into orbit, reinforcing its operational capabilities. The completion of this mission, coupled with the Dragon capsule’s upcoming splashdown, has reinforced confidence in SpaceX’s launch services and bolstered post-IPO trading momentum.
