SpaceX IPO Hype Boosts Bitcoin to $75,405 on Corporate Treasury Signal

Fresh reports spotlight SpaceX's $600 million Bitcoin stash (~8,285 BTC at $75,405), positioning it as the fourth-largest corporate holder behind Block's 8,883 BTC. The anticipated $1.75 trillion IPO could catalyze broader tech firm adoption, fueling bullish BTC forecasts amid rising hype. However, scam tokens like SpaceXCoin, which hit $100,000 market cap, pose fraud risks for speculators. This developing narrative underscores Bitcoin's strengthening treasury asset status.