🤖 AI in Finance

Bitget's Pre-IPO SpaceX Token: $1.75 Trillion Dream or Crypto Mirage?

$1.75 trillion valuation on the horizon for SpaceX. Bitget's dangling pre-IPO exposure through a crypto token called preSPAX. Smells like hype.

Bitget platform showing preSPAX token mirroring SpaceX IPO performance

⚡ Key Takeaways

  • Bitget's preSPAX offers synthetic SpaceX IPO exposure, but it's high-risk speculation without real shares. 𝕏
  • SpaceX valuation hype at $1.75T ignores IPO delays and historical flops like WeWork. 𝕏
  • Skeptical critics warn: crypto wrappers on private companies often lead to bagholder regrets. 𝕏
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Originally reported by Decrypt

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