In the past 24 hours, the total number of liquidations across all exchanges surged to $1.787 billion, with the majority of liquidated positions being longs.

June 4 — Bitget data shows Quantinuum opened at $70 per share in pre-market trading on its first day on the Nasdaq, higher than its $60 IPO price.

June 4 (CNBC) — Brett Winton, Chief Futurist at ARK Invest, told CNBC that SpaceX’s upcoming initial public offering (IPO) could rank among the most significant stock market debuts in history, with its satellite internet division Starlink alone supporting a valuation of nearly $2 trillion. SpaceX has priced its IPO at $135 per share, with shares set to begin trading on the NASDAQ exchange on June 12. The company’s pre-listing valuation is roughly $1.77 trillion, and it plans to sell 5.556 billion shares, raising approximately $750 billion total. Underwriters also hold an option to buy an additional 83.33 million shares at the IPO price, adding around $11.2 billion to the offering. After the IPO, Elon Musk will retain more than 82% of SpaceX’s voting control. Winton noted SpaceX’s growth extends beyond launch services—it’s closely tied to the rapid expansion of artificial intelligence (AI). ARK Invest projects that by 2030, the total enterprise value of companies developing and op

June 4 — According to Bitget data, space-related stocks in the U.S. stock market rallied broadly. The SpaceX Concept Fund (ticker: DXYZ) jumped over 8%, Redwire rose more than 15%, Virgin Galactic surged over 12%, and Planet Labs PBC gained over 4%.

June 4th: Earlier on Thursday, SpaceX rolled out a 17-minute IPO roadshow video for retail investors, posted to the company’s official website alongside a prominent prompt urging viewers to open a brokerage account. The clip stars CFO Brett Johnson, who bridged the firm’s rocket, satellite, and artificial intelligence (AI) operations. Johnson noted, “Elon’s mission in launching SpaceX was to alter humanity’s fate, making us a multi-planetary species. Thrillingly, we’ve moved this vision forward via Starlink and our AI solutions.” The roadshow materials lay out several future goals without specific timeframes: lifting gross margin from last year’s 49% to around 70%, and pushing net profit margin to roughly 45%—up from last year’s -26%. Johnson also discussed SpaceX’s heavy capital spending, highlighting that AI has made up the bulk of the firm’s capital outlays over the past two years: “We’re putting in large investments here, especially in the AI domain of our business.” He also broug

June 4: Market data from HTX reveals that the price of Binance Life has surged more than 14% in the last 24 hours, with the asset now trading at $0.685.

June 4: Bitcoin’s weekly sell-off has deepened by roughly 14%, pushing the crypto’s price to around $62,400 as of Thursday. The slump is fueled by a confluence of factors, including a rare Bitcoin (BTC) sale from asset manager Strategy, persistent outflows from U.S. Bitcoin spot exchange-traded funds (ETFs), and a deteriorating macroeconomic backdrop. Strategy sold 32 BTC at the end of May to cover preferred stock dividend payments. While the transaction’s size is small, QCP Group notes it carries outsized symbolic weight: Strategy has long been viewed by markets as a structural Bitcoin buyer, and its years-long "never sell" mantra has been a key pillar supporting institutional investor sentiment. On the ETF front, U.S. Bitcoin spot funds have seen three consecutive weeks of net outflows, with total redemptions hitting $4.21 billion—marking the largest institutional de-risking cycle since 2026. Glassnode data shows these ETFs have an average purchase price of roughly $83,000, and a r