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🔗Read the full document: https://t.co/0xyZlZElOh
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DEGENZINE - Degen Z official Magazine ✔️
No.01 / June 13th - 2026
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THE SPACEX IPO AND A NEW CAPITAL FLOW SCENARIO FOR THE CRYPTO MARKET: WILL BITCOIN AND ETHEREUM EXPERIENCE A LIQUIDITY SUPER-CYCLE?
The global financial market has just witnessed one of the most remarkable events of the decade as SpaceX executed the largest Initial Public Offering (IPO) in modern history. According to Reuters, SpaceX offered 555.6 million shares at $135 per share, raising approximately $75 billion and achieving an initial valuation of roughly $1.77 trillion. Following its first trading session, the company's market capitalization briefly surpassed the $2 trillion mark.
This is not merely a milestone for the aerospace industry, but it also sparks new debates regarding the spillover effect of this newly generated, massive wealth on other financial markets, particularly cryptocurrency.
CONTEXT & MARKET DATA
According to IPO filings and market reports:
The SpaceX IPO raised approximately $75 billion.
Initial IPO valuation stood at roughly $1.77 trillion.
Post-trading market capitalization temporarily exceeded $2 trillion.
This represents the largest IPO in the history of the US market in terms of capital raised.
Meanwhile, the current scale of the crypto market remains relatively small when placed alongside SpaceX:
Bitcoin: Market capitalization of around $1.26 – $1.35 trillion. (June 13th/2026 - CoinmarketCap)
Ethereum: Market capitalization of approximately $200 – $230 billion.(June 13th/2026 - CoinmarketCap)
Total Crypto Market: Fluctuating around the $2+ trillion mark.(June 13th/2026 - CoinmarketCap)
In other words, post-IPO SpaceX alone has reached a scale nearly equivalent to the entire global crypto ecosystem.
Collateralize their shares to borrow USD.
Historically, major liquidity-unlocking events in financial markets have often led to capital migrating toward higher-growth or speculative asset classes. This raises the question: Could the SpaceX IPO act as a catalyst for a new crypto liquidity cycle?
The IPO creates a colossal pool of collateral
When a private company goes public, shareholder equity is publicly valued and can be utilized as collateral within the financial system. If the market sustains SpaceX's valuation around the $1.8 – $2 trillion range, the volume of assets available for collateralization will be among the largest globally. This implies that hundreds of billions of dollars in new credit could potentially be generated through the banking system and capital markets.
Crypto is the natural destination for globalized capital flows
Unlike real estate or traditional stock markets, Bitcoin and Ethereum operate 24/7, are borderless, and are independent of any specific nation. Given SpaceX's multi-planetary vision, many investors argue that digital assets could become the most suitable asset class for a cross-border, and eventually, an interplanetary economy. While this remains a long-term visionary perspective, it is undeniable that blockchain is currently the most highly globalized asset system.
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DEGENZINE's hypothetical capital flow scenario
Some market analysts propose the following hypothetical capital allocation:
$300 billion flowing into Bitcoin
$100 billion flowing into Ethereum.
$200 billion flowing into the remaining crypto assets.
Total: Approximately $600 billion in new inflows.
If this scenario unfolds:
Bitcoin: With a current market cap of about $1.3 trillion, an influx of $300 billion could push it toward $1.6 trillion.
Ethereum: With a current market cap of about $200 billion, an influx of $100 billion could drive it to $300 billion.
Altcoins: Would receive an additional $200 billion in new liquidity.
This would represent one of the most significant market capitalization
The role of stablecoins
For traditional capital to enter the blockchain space, stablecoins will likely serve as the primary bridge. If the aforementioned $600 billion is digitized:
A portion could be converted into USDC.
A portion could be converted into USDT.
This would significantly surge the demand for on-chain payment infrastructure and major blockchain ecosystems.
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"JUFLY" AND "AUGOOD" – NEW CYCLES ?
In the crypto community, wordplay often reflects cyclical expectations:
"Jufly": Anticipating a surge or "taking flight" in July.
"Augood": A good August
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Congratulation Mr. X
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Ref:
https://t.co/NxnompxpZm
https://t.co/eDVIF2tezA
https://t.co/qfUCcHKadW
https://t.co/UtpjVxiEzP
#degenzine #degenz #news #spacex #spcx #coinmarketcap #degenzineno1
[5]ZStakingPoolV3 Mainnet Whitelist is now OPEN!
Projects on Base can now submit their whitelist forms to join the new decentralized staking platform.
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🧾 Submit here: https://t.co/DJatUApt1G
⏰ Closes Dec 25, 2025
[7]In Asia, loyalty runs deep — once you take the oath, there’s no turning back. 🩸
To join the Degen Z multi-sig wallet with Safe, every signer must prove commitment by burning $Z.
The ritual is known as “Blood Oath Protocol.”
Multi-sig wallet is now activated. ⚡️
#DegenZ
$Z hit the new ATH in September
📊 Key Metrics:
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