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SpaceX Crypto Short Squeeze Briefly Sends Value to $3T

SpaceX Crypto Short Squeeze Briefly Sends Value to $3T
Bloomberg Technology Tuesday 16 June 2026, 19:47 UTC 1 min read
Key Points

Jun 16th, 2026 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.

Jun 16th, 2026 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. [Image text:] SOURCE:SPACEX Bloomberg SPACEXSET TOOVERTAKE AMAZONINVALUE CRYPTO ALTITUD 0.1 STARSHIPFLIGHT TES KM/H KM
SpaceX Crypto Short (PERSON) Bloomberg (ORG) Muyao Shen (PERSON) Scarlet Fu (PERSON) Tim Stenovec (PERSON) SpaceX (ORG) US (LOCATION)
Originally published by Bloomberg Technology Read original →

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