Its valuation hit $2.38 trillion before it even went public. At $175 a share, SpaceX has joined the ranks of the world’s most valuable companies—and Musk didn’t even need the pomp of an IPO 🚀
At its core, this is tokenized private equity—a textbook example of the RWA narrative at its most ambitious, and the buzz will surely have a sequel. But let’s be clear: tokens like these have poor liquidity and can carry a lot of premium hype. Rather than chase the rally, it may be better to wait for a pullback or look for undervalued names in the same sector that haven’t taken off yet.
$SPCX #RWA #SpaceX
At its core, this is tokenized private equity—a textbook example of the RWA narrative at its most ambitious, and the buzz will surely have a sequel. But let’s be clear: tokens like these have poor liquidity and can carry a lot of premium hype. Rather than chase the rally, it may be better to wait for a pullback or look for undervalued names in the same sector that haven’t taken off yet.
$SPCX #RWA #SpaceX
