SpaceX could pull off the biggest IPO ever and Polymarket is taking parley's to U.S. sports.

SpaceX has officially filed with the SEC for an IPO that seeks evaluation of $1.5 to $2 trillion.

If it hits the high end, it would top Saudi Aramco's 2020 listing as the largest IPO ever

and push Elon Musk toward becoming the world's first trillionaire.

The S-1 filing revealed the company holds 18,712 Bitcoin on its balance sheet worth about $1.45 billion

at current prices.

Polymarket filed with the CFTC to list Parley-style sports contracts in the U.S.

starting as soon as today.

The filing lands as the sector takes heat in Washington.

A Senate commerce hearing this week scrutinized prediction platforms over match-fixing risks

and aggressive marketing, with Senator Ted Cruz suggesting the Supreme Court may have to settle whether these are derivatives or gambling.

And the new leveraged hyperliquid ETFs are off to a hot start.

According to Bloomberg's Eric Balchuna's T-Hype and B-Hype saw their trading volume skyrocket on pace for a combined $40 million.

Hype itself is up nearly 50% since T-Hypo launched on May 12th,

even as Bitcoin stocks, gold and the broader crypto market have been sliding.

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