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SpaceX Crypto Short Squeeze Briefly Sends Value to $3T

Bloomberg

BusinessBloomberg·Jun 16, 2026·1 min read

SpaceX Crypto Short Squeeze Briefly Sends Value to $3T

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)

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