News section
Crypto Firms Scrap Tokenized SpaceX Share Offerings as SPCX Surges After IPO
Participants were refunded and did not receive shares in the record-breaking SpaceX IPO from Elon Musk's rocket company.
2026-06-12 17:50:06
Solana price surges 3% as bulls challenge bears after SPCX token debut
Solana climbed 3.38% to $67.73, extending weekly gains as upward momentum returned.Backpack and Sunrise launched SPCX on Solana, bringing tokenized SpaceX share exposure to the network.Technical indicators show bears losing strength as bulls defend support and attempt a trend reversal.
2026-06-12 17:43:51
Morningstar sounds alarm on SpaceX as bulls target $190
Morningstar estimates SpaceX is worth $63 per share, far below its $135 IPO pricing.Despite valuation concerns, some analysts believe strong demand could push the stock toward $190.SpaceX speculation has boosted activity across crypto markets, including SPCX tokens, Velvet, and Hyperliquid.
2026-06-12 16:02:05
