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It's SpaceX IPO day, and it’s on track to be the most valuable post-IPO company in history — $1.77T, surpassing Saudi Aramco. David walks through the numbers, the pre-IPO trade on Hyperliquid, and why the edge wore off months ago. Plus: Nakamoto selling Bitcoin while Tom Lee's BitMine keeps stacking ETH, and where prediction market volumes are during the NBA Finals.
TIMESTAMPS:
(00:00) Intro
(01:08) SpaceX IPO
(07:27) Treasury Companies
(15:47) Prediction Markets
FOLLOW THE SHOW
› David — https://x.com/dcanellis
› The Breakdown — https://x.com/TheBreakdownBW
› The Breakdown Newsletter — https://blockworks.com/newsletter/the-breakdown
Get top market insights and the latest in crypto news. Subscribe to the Blockworks Daily Newsletter: https://blockworks.co/newsletter/
DISCLAIMER
As always, remember this podcast is for informational purposes only, and any views expressed by anyone on the show are solely their opinions, not financial advice.
By Blockworks4.9
733733 ratings
It's SpaceX IPO day, and it’s on track to be the most valuable post-IPO company in history — $1.77T, surpassing Saudi Aramco. David walks through the numbers, the pre-IPO trade on Hyperliquid, and why the edge wore off months ago. Plus: Nakamoto selling Bitcoin while Tom Lee's BitMine keeps stacking ETH, and where prediction market volumes are during the NBA Finals.
TIMESTAMPS:
(00:00) Intro
(01:08) SpaceX IPO
(07:27) Treasury Companies
(15:47) Prediction Markets
FOLLOW THE SHOW
› David — https://x.com/dcanellis
› The Breakdown — https://x.com/TheBreakdownBW
› The Breakdown Newsletter — https://blockworks.com/newsletter/the-breakdown
Get top market insights and the latest in crypto news. Subscribe to the Blockworks Daily Newsletter: https://blockworks.co/newsletter/
DISCLAIMER
As always, remember this podcast is for informational purposes only, and any views expressed by anyone on the show are solely their opinions, not financial advice.

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