SpaceX IPO bets on Hyperliquid price Elon Musk’s company above $2 trillion before filing
CryptoSlate
Crypto traders are using Hyperliquid to bet on SpaceX's future valuation via perpetual futures contracts before the company's official IPO.Summary
Trade.xyz has launched a SpaceX pre-IPO perpetual futures contract on the Hyperliquid platform, allowing traders to speculate on the company's valuation before an official IPO filing. The SPCX-USDC contract initially implied a valuation of $1.78 trillion, though trading has since pushed this estimate above $2.5 trillion. While the contract offers retail investors synthetic exposure to a previously inaccessible private asset, analysts warn that it relies on sentiment and speculation rather than actual ownership rights, raising questions about price discovery and regulatory oversight in the decentralized derivatives market.
(Source：CryptoSlate)