The crypto community has been buzzing with excitement since the official SpaceX IPO launch and MicroStrategy's chairman, Michael Saylor has joined in to applaud Elon Musk on the successful launch.
In a recent X post shared by the longtime Bitcoin advocate, Michael Saylor congratulated Elon Musk and SpaceX on the public listing, describing it as a historic IPO.
Elon Musk's IPO fuels Bitcoin adoption
After singing praises of Elon Musk and his new invention on the remarkable IPO, Michael Saylor has further spotlighted the growing adoption of Bitcoin among tech giants following the event.
In his statement, Saylor further noted that 25% of the Mag8 now holds Bitcoin on their balance sheet, extending the credit to Elon Musk while applauding him for making it possible.
While Saylor is renowned for his advocacy for relentless Bitcoin adoption among both retailers and institutions, this development serves as a sign that Bitcoin is becoming more widely accepted in the corporate space.
With Saylor's acknowledgment, the event has further bolstered confidence across the crypto community amid rising expectations for a potential market recovery.
SpaceX marks largest IPO in history
Prior to its public listing, the SpaceX IPO had garnered significant attention across the crypto ecosystem as major crypto exchanges recorded massive trading volumes by merely launching a pre-IPO perpetual for SpaceX.
Amid the massive participation in the project, SpaceX reportedly made its public launch with a $75 billion offering at $135 per share.
Following its grand public listing on June 13, 2026, SpaceX has emerged as the largest IPO in history.
U.Today Editorial Team
Dan Burgin
