Update
Aave Announces SpaceX Shares as Collateral
Aave, a decentralized finance (DeFi) platform, is accepting SpaceX shares as loan collateral. About 1.3 billion SpaceX shares, worth approximately $194.3 billion at the Oct. 20 close, become eligible for sale on Oct. 22. Aave's risk adviser LlamaRisk modeled a Nov. 5–9 unlock for Aave’s pending SPCXc listing, which was confirmed by SpaceX on Oct. 16. The listing was initially proposed in early October, but the earnings date was moved forward to Oct. 20, when SpaceX reported $14.6 billion in revenue and $4.4 billion in net income.