According to @CNBC, SpaceX’s stock debut is framed as the big market event of 2026 and could be the biggest IPO ever, signaling a major liquidity and sentiment checkpoint for risk assets (source: @CNBC, Jan 2, 2026). For scale, SpaceX was valued around $150–$175 billion in 2023 secondary share sales, underscoring the potential size of any listing and institutional demand mechanics traders should monitor (source: Bloomberg, July 2023; Reuters, Dec 2023). The current record for the largest IPO is Saudi Aramco at about $29.4 billion in 2019, setting the bar SpaceX would need to surpass for a new all-time high, an important context for allocation and bookbuilding expectations (source: Reuters, Dec 2019). Crypto linkage: BTC and ETH have shown positive correlations with U.S. tech risk sentiment, with BTC–Nasdaq 100 correlations remaining positive through 2023–2024, so a strong mega-IPO window can coincide with risk-on flows across digital assets (source: Kaiko research, 2023–2024). Meme-risk watch: Elon Musk–related headlines have historically driven DOGE volatility, including a roughly 30% jump after Twitter’s logo change in April 2023, so traders may track DOGE around SpaceX IPO headlines for momentum signals (source: Reuters, Apr 2023).