SpaceX's crypto-traded IPO was sharply falling. It now points upward to a $2.4 trillion valuation

Bullish+5,956,387.78%
12 Jun, 06:13
Source: CoinDesk

AI Summary

SpaceX's crypto-traded IPO perpetual (SPCX) on Hyperliquid has recovered from weekly lows with shadow markets now implying over 35% first-day gains toward a $2.4 trillion valuation.

The SPCX perpetual on Hyperliquid has bounced from this week’s lows, while Bloomberg says other shadow markets now imply a first-day gain of more than 35%.