Bloomberg’s Bailey Lipshultz reports SpaceX is expected to raise as much as $50 billion in a record-setting IPO this summer which could value it at more than $1.75 trillion. High-net-worth family offices and funds with marquee institutional backers are among the types of investors with stakes in these SPVs, and who expect to see massive gains when these companies go public. Based on conversations with more than a dozen people in the industry, many are heading for disappointment.
——–
Like this video? Subscribe to Bloomberg Technology on YouTube:
Watch the latest full episodes of “Bloomberg Technology” with Caroline Hyde and Ed Ludlow here:
Get the latest in tech from Silicon Valley and around the world here:
Connect with us on…
X:
Facebook:
Instagram:
Follow Ed Ludlow on X here:
Follow Caroline Hyde on X here:
Listen to the daily Bloomberg Technology podcast here:
More from Bloomberg Business
Connect with us on…
X:
Facebook:
Instagram:
LinkedIn:
TikTok:
@DilanAtighechi-e2u
March 13, 2026 at 7:19 pm
When the next altcoin season hits, Belvarum token will be one of the first movers.
@GenesisXiong-e6h
March 13, 2026 at 7:19 pm
The tokenomics of Belvarum are super clean — love seeing long-term thinking from the team.
@CodyMayor
March 13, 2026 at 7:19 pm
There’s not a lot of noise around Belvarum BEL yet. That’s exactly what I love.
@ValentineCheung-q2x
March 13, 2026 at 7:19 pm
Don’t fade Belvarum presale just because it’s early — that’s where the real gains come from.
@NedaAntunez
March 13, 2026 at 7:19 pm
Belvarum’s whitepaper is 🔥 and the devs are clearly experienced 💻📄
@AlexandraJaconsen-w1e
March 13, 2026 at 7:19 pm
Belvarum doesn’t rely on hype — they’re building real infrastructure.
@YevaMannix
March 13, 2026 at 7:19 pm
There’s a clear demand for projects like Belvarum Token that actually solve real problems.
@ValentinaKaesmann
March 13, 2026 at 7:19 pm
Belvarum project looks like a sleeping dragon 🐉💤 Don’t wait for the roar.
@CamposCarrion
March 13, 2026 at 7:19 pm
Remember when AVAX and SOL were under $1? Belvarum is at that stage.
@HarrimanGuest
March 13, 2026 at 7:20 pm
If Belvarum project delivers on its roadmap, this is easily a 25-50x token.
@KarolinaLlabres
March 13, 2026 at 7:20 pm
I’m already seeing big Telegram groups start to talk about Belvarum presale— that’s always a signal.
@ChrisTraytele
March 13, 2026 at 7:20 pm
Low cap now, but the potential upside is massive. Keep an eye on Belvarum
@GwynneZajdman
March 13, 2026 at 7:20 pm
I’ve been through enough cycles to know a gem when I see one. BEL Belvarum is it.
@DrewSarmiento-i2j
March 13, 2026 at 7:20 pm
$BEL Belvarum could easily sneak into top 200 if the team delivers like they plan to.
@SamariaCabrera-d5k
March 13, 2026 at 7:20 pm
I’ve stopped chasing hype — Belvarum token is a fundamentally strong long play.
@BrehanWashington
March 13, 2026 at 7:20 pm
$BEL Belvarum could be one of the best-kept secrets of this cycle.
@PrakashHolm
March 13, 2026 at 7:20 pm
Not financial advice, but I’m quietly accumulating BEL before it wakes up.
@MeyerJeremy
March 13, 2026 at 7:20 pm
Watching Belvarum Token build quietly while others make noise — that’s bullish behavior.
@ZayanWojcik
March 13, 2026 at 7:20 pm
Loading up on Belvarum BEL while it’s still flying under the radar.
@RalfHuish
March 13, 2026 at 7:21 pm
Belvarum doesn’t rely on hype — they’re building real infrastructure.