SpaceX Joins Nasdaq-100 Amid Record IPO and Crypto Innovations
- Historic IPO: SpaceX successfully issued 555.6 million Class A shares at $135 on June 12, raising $75 billion, marking the largest IPO in U.S. history with a valuation nearing $1.75 trillion, reflecting strong market confidence in its growth prospects.
- Nasdaq-100 Inclusion: Officially joining the Nasdaq-100 on July 7, SpaceX is expected to attract approximately $4.3 billion in passive inflows, enhancing its market visibility and providing new investment opportunities for investors.
- Crypto Market Innovations: The listing has sparked significant interest in tokenized shares and perpetual futures, with the former issued on Solana at a 1:1 ratio and the latter achieving $3.2 billion in trading volume pre-listing, showcasing the influence of crypto markets on traditional equity trading.
- Bitcoin Holdings: SpaceX's balance sheet includes 18,712 Bitcoin, acquired at a cost of approximately $661 million and currently valued around $1.2 billion, providing the company with additional financial flexibility and significantly increasing its exposure in the crypto asset space.
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Technical Analysis for JST
Technical Sentiment Analysis for JUST (JST). As of , JUST (JST) is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 9 technical signals, shows that 4 indicators are flashing buy, while 5 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for JST stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the crypto.
Support, Resistance & Moving Averages. From a structural perspective, JST is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
JUST (JST) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.069 | 0.0748 | 0.0815 | 0.0873 | 0.0939 | 0.0997 | 0.106 |
| Fibonacci | 0.0748 | 0.0796 | 0.0825 | 0.0873 | 0.092 | 0.095 | 0.0997 |
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