🚀 SpaceX: $140 vs $154 — what does it mean for SPCXB?

The company Powerlaw partially sold SpaceX shares at about $140. At the same time, $SPCXB is trading around $154 — a difference of about 10%.

But $140 is the price of a specific private deal, not an official market valuation of SpaceX.

I hold 0.48426436 $SPCXB , so the news about Powerlaw selling part of its SpaceX shares for $140 is not just another market headline for me. For an SPCXB holder, there are 3 key risks:

🔹 Price gap — if new private deals happen closer to $140, the SPCXB premium could shrink.

🔹 Liquidity — during sharp market moves, spreads and slippage may increase.

🔹 Token structure — $SPCXB is not a direct SpaceX share. There are additional risks related to the issuer, custody, and the structure of the tokenized asset.

📊 My SPCXB position 0.48426436:

$140 → $67.80
$154 → $74.58
$175 → $84.75
$200 → $96.85

My takeaway: I don’t treat one Powerlaw deal at $140 as a signal to sell SPCXB. For me, it’s more important to watch new SpaceX private deals, the SPCXB premium/discount, and the terms of the tokenized asset itself.

⚠️ Not financial advice. This is my way of analyzing my own position.

#SpaceX #spcxb #BStocks #Binance #RWA