SpaceX Perpetual Futures Trade 20% Above IPO Price on Hyperliquid, Binance at $165

SPCX1.16%
According to Guru Club, on June 11, crypto traders are betting on SpaceX trading above its initial public offering price ahead of the company's IPO completion on Thursday. Perpetual futures linked to SpaceX are trading at approximately $165 on Hyperliquid and Binance, implying a valuation of roughly $2.2 trillion and representing a 20% premium over the $135 fixed IPO price. SpaceX is set to raise about $75 billion at an estimated valuation of approximately $1.8 trillion, according to Bloomberg reporting on discussions with informed parties.
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