Major SpaceX IPO stake could lead to $140b gain, David Bailey notes

Major SpaceX IPO stake could lead to $140b gain, David Bailey notes
SpaceX IPO could drive major Bitcoin buy

David Bailey highlights that an individual instrumental in convincing Elon Musk to accept Bitcoin at Tesla is set to benefit significantly from the SpaceX IPO.

According to Bailey, this person could make $140b from the IPO and is seen as a major Bitcoin supporter. Bailey adds that rotating even $50b of those gains into BTC would be notable, and remarks on the individual's positive reputation.

Bailey has previously commented on Bitcoin-related developments in the industry. He recently commended the execution of a major Bitcoin conference in Las Vegas, confirming plans for the next event in Nashville. Bailey also reported that Nakamoto held over 5,000 Bitcoin valued at $345 million as of March 31 and initiated a new derivatives strategy.

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