# SPCX Drops as SpaceX Hype Cools

Page: https://stenobird.com/podcast/bitcoin-crypto-news-today-2-min-news-the-daily-news-now-7492376/spcx-drops-as-spacex-hype-cools
Text version: https://stenobird.com/podcast/bitcoin-crypto-news-today-2-min-news-the-daily-news-now-7492376/spcx-drops-as-spacex-hype-cools.md
Podcast: [Crypto News Today | 2 Min News | The Daily News Now!](https://stenobird.com/podcast/bitcoin-crypto-news-today-2-min-news-the-daily-news-now-7492376)
Published: 2026-06-10T10:00:15+00:00
Episode link: https://api.fastcast.ai/audio/05939513-572e-4386-bbb4-acb5b4d9fa88.mp3
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Duration seconds: 118

## Resource

SpaceX’s IPO hype is cooling as its SPCX derivative contract drops three weeks in a row, signaling traders are betting less on a massive first-day pop—down from 60% to just 16% overvaluation above the $135 offer price. Despite this, demand for actual shares remains sky-high, with $250 billion in orders for a $75 billion raise. The dip may also reflect broader market shifts, like crypto volatility pushing investors toward SpaceX—but the real money’s still pouring in, even if the speculative frenzy has cooled. Support the show: Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN: advertise@thednn.ai This is an automated, high-level news summary based on public reporting. Report issues to feedback@thednn.ai. View sources & latest updates: https://sources.thednn.ai/611ff3713f90446d

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