Michael Saylor says SpaceX IPO lifts Bitcoin to 25% of Mag 8

Business leader Michael Saylor commented on the recent SpaceX IPO. He said the offering is driving Bitcoin’s value upward. According to Saylor, Bitcoin now accounts for 25% of Mag 8. The metric “Mag 8” was referenced in his analysis. Saylor’s view links the aerospace listing to cryptocurrency markets. He suggested the IPO could influence investor sentiment toward Bitcoin. The statement was reported by Cryptonews.net. Market watchers will monitor Bitcoin’s performance following the IPO.