SpaceX IPO Structure Compared to Low-Float Crypto Listings

Bitget CEO Gracy Chen has drawn attention to the structure of SpaceX's anticipated public market debut, comparing it to low-float, high fully diluted valuation digital asset listings.

The comparison centers on the relationship between shares made available for trading and the company's total outstanding share count. Reports indicate that approximately 555.6 million shares may be available relative to a much larger total share base of roughly 13.1 billion shares.

Chen points out that this dynamic has prompted discussions about how supply constraints influence market behavior during early trading periods, and how limited circulating supply can create strong demand among investors.