Strategy's Michael Saylor calls Mag7 Mag8 after SpaceX IPO, praises company's Bitcoin ownership - Cryptopolitan

* Michael Saylor called the group “Mag8” after SpaceX entered public markets. * SpaceX disclosed 18,712 BTC worth about $1.18 billion. * Strategy remains the largest institutional Bitcoin holder after adding over 90,000 BTC. **Michael Saylor has put SpaceX inside Wall Street’s top technology group after the rocket company joined public markets at a value above $2 trillion. The Strategy (NASDAQ: MSTR) executive chairman posted on X after the June 12, 2026 listing and used the name “Mag8.”** Saylor wrote, “Congratulations @ElonMusk and $SPCX on a historic IPO. Thanks to you, 25% of the Mag8 now holds Bitcoin on the balance sheet.” The SpaceX ($SPCX) [offering](https://x.com/saylor/status/2065740287779987630?s=46) became the largest IPO ever completed in the United States. Its opening valuation placed the company ahead of Tesla (NASDAQ: TSLA) and Meta Platforms (NASDAQ: META). Both were already included in the Magnificent Seven. Shay Boloor, chief market strategist at Futurum Equities, said Mag7 no longer gives investors the full picture. “It becomes very hard to keep using Mag 7 as the clean shorthand for market leadership because one of the most important companies in the world would immediately be outside the label,” he said.