The post Could SpaceX’s IPO Filing Reignite the Next Dogecoin Breakout? appeared on BitcoinEthereumNews.com. SpaceX could seek a valuation above $1.75 trillionThe post Could SpaceX’s IPO Filing Reignite the Next Dogecoin Breakout? appeared on BitcoinEthereumNews.com. SpaceX could seek a valuation above $1.75 trillion

Could SpaceX’s IPO Filing Reignite the Next Dogecoin Breakout?

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  • SpaceX could seek a valuation above $1.75 trillion and raise to $75 billion.
  • Coinalyze shows DOGE trading near $0.0926 after a long decline from 2025’s highs.
  • Analyst highlights resistance near $0.10, with traders watching $0.105 and $0.12 next.

Dogecoin is back in focus as Bloomberg reports that SpaceX has filed confidentially for an initial public offering. The filing revives the Musk trade across markets and puts fresh attention on DOGE, which is now pressing against a key resistance zone near $0.10.

Notably, Elon Musk still holds unusual influence over Dogecoin sentiment. A SpaceX debut at a reported valuation above $1.75 trillion would likely become one of the year’s largest market events, and traders are already watching whether that momentum spills over into DOGE.

SpaceX Filing Revives the Musk Trade 

Bloomberg reports that SpaceX has submitted a draft IPO registration to the US Securities and Exchange Commission. The filing puts the company on track for a possible June listing and could value the business at more than $1.75 trillion. Bloomberg highlighted that the company could raise as much as $75 billion, which would make the deal larger than Saudi Aramco’s record $29 billion debut.

That filing puts Elon Musk back at the center of market attention. SpaceX sits alongside Tesla, xAI, and X in the wider Musk ecosystem, and any major corporate milestone tied to him tends to attract fast retail interest. If the IPO process keeps moving, Dogecoin is likely to remain part of that conversation.

DOGE Price Holds Below the Key Wall 

The Coinalyze chart shows DOGE/USDT trading near $0.0926. The broader daily structure still shows a long decline from 2025 highs above $0.20 and near $0.30 at the peak. Price has spent months trending lower before flattening into a narrow range near current levels.

Current Doge price (April 2026):Source: CoinAlyze

Meanwhile, Doge is now trying to build a base. The latest candles show price holding just under the $0.10 area, which has become the main level traders are watching for a directional move.

Breakout Setup Points to $0.105 And Then $0.12 

In a recent X post, Hailey LUNC XRP frames the short-term structure. It shows DOGE pushing into a red resistance block near $0.095 to $0.10, while a descending trendline presses down from above. She adds that if DOGE breaks through the current sell wall, the next resistance does not appear until around $1.12, but the chart itself supports a nearer breakout range first.

 Doge price technical Chart-Source: X

In the current setup, the near-term levels are $0.10, then $0.105, and then the $0.12 zone. Support sits below in the green accumulation area. If SpaceX IPO headlines keep feeding the Musk narrative and DOGE clears the current ceiling, traders will likely target those nearer resistance levels before looking higher.

Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.

Source: https://coinedition.com/could-spacexs-ipo-filing-reignite-the-next-dogecoin-breakout/

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