tech

SpaceX Crypto Short Squeeze Briefly Sends Value to $3T

Bloomberg Tech · Jun 16, 2026, 7:47 PM · Also reported by 2 other sources

Bloomberg's Muyao Shen joins Scarlet Fu and Tim Stenovec on "Bloomberg Crypto." A short squeeze in SpaceX perpetual futures briefly sent the company’s implied valuation to $3 trillion on blockchain-based markets shortly after Monday’s US stock-market close. (Source: Bloomberg)

Read full story on Bloomberg Tech → More top stories

Also covered by

TechCrunch AI SpaceX valuation balloons to $2.6T, briefly passes Amazon CNBC SpaceX's blistering start still faces key tests that will determine the stock's true value

Aggregated and edited by the Scoop newsroom. We surface news from Bloomberg Tech alongside other reporting so you can compare coverage in one place. Editorial policy · Corrections · About Scoop

SpaceX Crypto Short Squeeze Briefly Sends Value to $3T

Also covered by

More in tech