SpaceX SPCX hits Nasdaq at 2 Trillion valuation . The future of tokenized equities ?
SpaceX officially went public on Nasdaq under the ticker SPCX , opening at 150$ per share and closing at 160$ . The company raised a historic 75 billion dollars , putting its market cap at an unprecedented 2.1 trillion dollars and making Elon Musk the world’s first trillionaire .
Everyone is hyped , but we need to look at the numbers because they are wild . SpaceX posted a net loss of 4.28 billion dollars in Q1 2026 alone because they are burning cash into AI infrastructure and Starlink . At this price , it is trading at roughly 94x its revenue . Pure bubble or fair price for a space monopoly ?
The most interesting thing for Web3 is that before the listing , multiple crypto platforms tried to offer pre-IPO tokenized stock derivatives . It shows that Real World Asset (RWA) tokenization is the ultimate narrative of 2026 . The hunger for fractional , on-chain ownership of top private equities is massive .
Do you think SPCX at 160$ is a massive valuation bubble driven by retail FOMO , or would you buy the tokenized version of these stocks directly on-chain ? Let's discuss .
