2025-12-11 18:23:44

The most spectacular IPO in history may be about to unfold.

Latest news indicates that Musk’s SpaceX has officially launched its IPO plans, aiming to raise directly over $30 billion — if this number comes true, it will break the record for the largest IPO in human business history. Even more crazy is their self-set valuation target: $1.5 trillion.

To put this in perspective, the current IPO fundraising record holder, Saudi Aramco, raised only $29 billion in 2019. This time, SpaceX is aiming to shatter that ceiling.

What will they do with the raised funds? Insiders reveal that a large portion will be invested in space data center projects — sounds pretty sci-fi, right? They need to purchase大量 chips to support the operation of these orbital computing facilities. The combination of commercial space ventures and computing infrastructure makes this story truly sexy.

But here’s a cold fact: the boundary between traditional U.S. stocks and Web3 has already become blurred.

Now, through certain decentralized protocols (like Ondo, which focuses on asset tokenization), U.S. stocks can be packaged into on-chain tokens for trading. You can operate within your Web3 wallet without going through traditional broker processes. This kind of RWA (Real World Asset) tokenization is a typical example of forcibly welding traditional finance and the crypto world together.

So if SpaceX truly goes public, maybe one day in the future, you’ll be able to directly trade its tokenized shares on the chain — provided that the regulatory framework can keep up with this wave of operations.

ONDO-2.69%

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SandwichTrader

· 12-11 18:46

1.5 trillion? Buddy, isn't this valuation probably calculated with Mars coins? --- When it comes to chip procurement, it depends on whether TSMC takes the order, otherwise it's all just talk. --- RWA on-chain transactions sound great, but once regulation kicks in, it might be game over. --- I didn't even catch the last Saudi Aramco event, and now SpaceX is coming to cut the leeks again. --- Space data centers are a good gimmick, but I'm just worried it’s another case of raising funds and then ending in a flop. --- By the way, if on-chain transactions really take off, my cold wallet will need an upgrade. --- A new ceiling every day, the US stock market is increasingly looking like a casino. --- Web3 and US stocks merged? The SEC folks probably haven't figured that out yet.

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FrontRunFighter

· 12-11 18:43

ngl, 1.5T valuation feels like pure theater when you look at the actual cash flows... classic musk move tbh. but here's what keeps me up—once this hits the chain via RWA tokenization, we're basically creating the perfect dark forest for MEV extraction. sandwich attacks on spacex token swaps? *chef's kiss* regulatory nightmare incoming fr fr

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UnluckyLemur

· 12-11 18:39

1.5 trillion? Is Elon Musk dreaming again? That number is just outrageous. The day SpaceX's on-chain transactions really happen, I'll go all in, but regulation needs to loosen first. A space data center sounds awesome, but the key is whether chip costs can be brought down. Wait, can RWA really bring the US stock market onto the chain? If that happens, the entire financial industry will have to reshuffle. $30 billion broke the record, no doubt, but a valuation of 1.5 trillion... that's a bit over the top. If orbital computing power truly becomes commercially viable, the capital markets will go wild again.

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PumpStrategist

· 12-11 18:32

1.5 trillion valuation? The pattern is there, no doubt, but this number itself should be approached with caution. The distribution of chips indicates that institutions have already been quietly accumulating, and retail investors entering now is a classic example of FOMO thinking. --- No matter how fancy the chip procurement talks are, it doesn't change the fact that this is a financing story at its core. RWA tokenization is just a smokescreen; a single regulatory statement can cause everything to collapse. --- I've spotted some interesting levels, and the trading volume can tell the story. But the current sentiment is overheated, RSI has long been above 80, so I recommend everyone stay calm. --- SpaceX on-chain transactions? Let's see how they handle the SEC first. That's a bit naive, everyone. --- With a funding amount of $30 billion, the risk release is still far from over. For projects that aim to hold long-term and catch big fish, don't rush to go all-in. --- Not every concept can be absorbed; this market signal appeared a week ago, and only now reacting is a bit slow.

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SchrodingerWallet

· 12-11 18:31

1.5 trillion valuation? This is probably just digging a hole for us. 2. On-chain transactions with SpaceX? The regulatory grandfather hasn't woken up yet. 3. Chips, chips, chips—still the bottleneck after all the talk. 4. Really daring to shout out; it's not too late to boast after the financing is finalized. 5. Space data centers... another new concept, another new fool. 6. $30 billion, I bet five bucks it will eventually shrink by half. 7. Can RWA really work? I truly don't believe it. 8. On-chain trading of US stocks? Sounds like a new channel for scalp traders. 9. Elon Musk is about to change the world again, and my wallet is quite frightened. 10. Sounds good in theory, but in reality, it's just about making money.

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