Gracy Chen: SpaceX to go public with market price at $2.2T

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Gracy Chen: SpaceX to go public with market price at $2.2T — SpaceX IPO set at $2.2T price

Gracy Chen, chief executive officer at Bitget, highlights that SpaceX will go public this Friday with a starting market price of $2.2T.

According to Chen, retail investors participating through their platform secured an entry valuation of $1.5T, while institutional investors entered at $1.7T. Chen emphasizes that retail investors received more favorable IPO terms compared to institutions, noting this outcome is by design. SpaceX’s IPO launch was initiated two months ago.

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Chen recently appeared at #CryptoTownHall alongside other crypto leaders to discuss market fear and recent trends in real-world asset (RWA) strategies. She also addressed the role of contracts for difference in shaping multi-asset trading at the Online Trading Expo. Both events featured Chen in her capacity as CEO of Bitget.

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