# SpaceX IPO Frenzy Hits Crypto as $557M Floods In #CryptoTownHall

Page: https://stenobird.com/podcast/the-wolf-of-all-streets-1215618/spacex-ipo-frenzy-hits-crypto-as-557m-floods-in-cryptotownhall
Text version: https://stenobird.com/podcast/the-wolf-of-all-streets-1215618/spacex-ipo-frenzy-hits-crypto-as-557m-floods-in-cryptotownhall.md
Podcast: [The Wolf Of All Streets](https://stenobird.com/podcast/the-wolf-of-all-streets-1215618)
Published: 2026-06-12T16:04:00+00:00
Episode link: https://pdst.fm/e/pdst.fm/e/traffic.megaphone.fm/MANA7168905775.mp3
Audio file: https://pdst.fm/e/pdst.fm/e/traffic.megaphone.fm/MANA7168905775.mp3
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Duration seconds: 3391

## Resource

In this lively episode on SpaceX IPO day, the guys break down Elon Musk’s paper trillionaire moment as a classic buy-the-news event, covering heavy passive index inflows, massive retail oversubscription exceeding $100 billion, and Fidelity’s push to democratize access, while weighing crypto spillover possibilities like Dogecoin shoutouts, SpaceX’s Bitcoin holdings, space mining ideas, max pain scenarios, and longer-term $250K BTC views alongside cautions on emotional investing. They also explore capital reallocation, silver’s potential bottom, oil sliding below $90 with peace deal rumors and Cushing inventories pressuring inflation, the AI industrial revolution, expectations for lower interest rates, currency debasement boosting real assets, a sharp debate on Visa/Mastercard versus Bitcoin and stablecoin rails—including chargebacks, fraud, rewards, and merchant surcharges—and bullish signals from SEC Chair Paul Atkins on Rule 611 paving the way for tokenized assets and market convergence. Learn more about your ad choices. Visit megaphone.fm/adchoices

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## Transcript

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