The post SpaceX IPO Sparks Crypto Sell-Off? $250B Demand Drains Market Liquidity appeared first on Coinpedia Fintech News
“Billionaire founder Elon Musk-led company SpaceX’s IPO is attracting so much investor demand. The company has reportedly secured more than $250 billion in investor demand for a $75 billion offering, making the deal nearly 4x oversubscribed. While industry experts believe it is creating a liquidity vacuum that is already pulling capital away from crypto and …