SpaceX IPO Meme Puts Bitcoin at $63,000 as It Trades Near $78,000

A meme circulating on crypto accounts this week puts Bitcoin at $63,000 and a SpaceX listing at no price at all, then imagines the two swapping places twelve months on. Bitcoin has not traded at $63,000 at any point this year. It changed hands at $77,934.11 at 8 a.m. Eastern on 3 September, by Fortune's daily price note, and CoinDesk had it slipping below $78,000 two days before that. The picture is a joke about crowd behaviour. Its opening number is stale.

The numbers in the picture

The post, from an account named coin.space01, splits into two panels. The top one, labelled NOW, shows a long queue at a door marked SpaceX IPO and one person waiting alone at a door marked Bitcoin $63,000. A caption beside the lone figure asks how likely the scenario is. The bottom panel, labelled 1 YEAR LATER, flips it: a single person at a door marked SpaceX $80, a crowd at a door marked Bitcoin $325,000. Across the top runs the author's line, "Human Psychology 101: Buy High, Sell Low. It Never Fails." That is a claim about investor behaviour, and it is the author's, not a finding.

Where Bitcoin actually trades

$63,000 sits below anything Bitcoin printed in 2026. The price-history tracker blocfolio puts the year's low at $64,578 in February and the high at $97,008, figures this desk could not match against a second source by publication time. Two outlets do agree on the present level. Fortune's 3 September note gave $77,934.11, up $1,262.10 on the previous morning. CoinDesk, writing on 1 September, had the price down about 1% to below $78,000 after an August gain of 25%, which it called the strongest month since November 2024. Anyone who followed the summer will recall it breaking below $80,000 on the August payrolls print.

SpaceX shares since June

The listing the meme treats as pending already happened. SpaceX priced at $135 a share on 11 June and started trading on Nasdaq under SPCX the next day, at an implied valuation Wikipedia's account of the offering puts at $1.77 trillion. Retail got an unusual share of it. The retail tranche came to 30% of a $75 billion deal, roughly $22.5 billion, against the 5% to 10% large offerings normally set aside. Brokers braced for flipping: Fidelity attached a 15-day holding period, SoFi and Robinhood 30 days each.

"The brokers that offer these things want people to buy into IPOs because they believe in the company and want to hold the stock long term," Sam Taube, lead investing writer at NerdWallet, told Yahoo Finance.

The record splits on what happened next. Wikipedia's article gives a first-day close of $161, a 19% gain on the issue price. A 24/7 Wall St piece dated 4 September gives the first closing price as $225.64. We could not establish which figure supersedes which. Demand totals are no tidier. Bloomberg headlined more than $70 billion in retail orders before the debut, and a Forbes live blog that day said more than $100 billion; both pages returned errors when checked, and the two totals do not reconcile. The stock itself traded at $149.74 on 4 September, above the issue price and short of either version of the debut close.

The part nobody can check

The $80 and the $325,000 belong to the author. No source supports either, and none could: both sit a year out, posed as a question and not a forecast. Bitcoin would have to roughly quadruple from its 3 September level to reach $325,000. SpaceX would have to give up close to half of $149.74 to reach $80.

What the picture gets right is narrower than what it says. Retail did crowd the SpaceX book. Bitcoin's ownership base stays thin next to it, and River's estimate that 825,000 people own a whole bitcoin works out at about one in every 10,000 people alive. Whether those two queues change places inside a year is not a thing the tape can answer today. The caption asks it and stops there.