Along with SpaceX's stock price hitting a new high, its mascot-named meme coin ASTEROID surged 50% in tandem.

BlockBeats News, June 16, according to GMGN monitoring, SpaceX's stock price hit a new all-time high this morning after its IPO, with a market value once approaching $3 trillion, and funds overflowed into related narratives. The official mascot "Space Dog" saw a corresponding surge in the on-chain namesake Meme coin, with a 24-hour trading volume exceeding $21 million.

On the Ethereum-based ASTEROID chain, the price surged over 50% within 2 hours, reaching a peak market value of $61 million, and is now trading at $57.6 million; the Meme coin on the Solana chain also saw an increase of about 20% during the same period, with a current market value of $6 million.

BlockBeats reminds users that Meme coin trading is highly volatile, largely driven by market sentiment and concept hype, with no actual value or use case. Investors should be aware of the risks.