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

Page: https://stenobird.com/podcast/the-wolf-of-all-streets-1215618/bitcoin-faces-a-75b-spacex-drain-today-largest-ipo-in-history
Text version: https://stenobird.com/podcast/the-wolf-of-all-streets-1215618/bitcoin-faces-a-75b-spacex-drain-today-largest-ipo-in-history.md
Podcast: [The Wolf Of All Streets](https://stenobird.com/podcast/the-wolf-of-all-streets-1215618)
Published: 2026-06-12T13:19:00+00:00
Episode link: https://pdst.fm/e/pdst.fm/e/traffic.megaphone.fm/MANA5448113914.mp3
Audio file: https://pdst.fm/e/pdst.fm/e/traffic.megaphone.fm/MANA5448113914.mp3
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Duration seconds: 1059

## Resource

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

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## Transcript

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