Episode

Bitcoin Faces A $75B SpaceX Drain Today – Largest IPO In History

Podcast
The Wolf Of All Streets
Published
Jun 12, 2026
Duration seconds
1059
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not_requested
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https://pdst.fm/e/pdst.fm/e/traffic.megaphone.fm/MANA5448113914.mp3
Audio
https://pdst.fm/e/pdst.fm/e/traffic.megaphone.fm/MANA5448113914.mp3
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Markdown
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Summary

Bitcoin and Gold are both posting the worst year of any major asset class in 2026 — BTC down 30%, Gold down 6% and Charlie Bilello says it's the first time we've ever seen this in a calendar year. Meanwhile, SpaceX just made history today, debuting at a $1.75 TRILLION valuation in the largest IPO ever recorded (2.4x the previous record Saudi Aramco) with retail orders alone exceeding $70 billion. We break down whether Bitcoin and Gold's historic underperformance signals a generational opportunity or the death of the safe haven thesis, what $75 billion flowing INTO SpaceX means for the next leg of crypto liquidity, and which catalysts could finally turn the tape. Learn more about your ad choices. Visit megaphone.fm/adchoices