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Elon Musk's SpaceX IPO is four times oversubscribed. A crypto bet tells a more cautious story

Crypto CoinDesk By Shaurya Malwa 10 Jun 2026 07:18 1 min read
Elon Musk's SpaceX IPO is four times oversubscribed. A crypto bet tells a more cautious story

The SPCX perpetual still trades above SpaceX’s $135 offer price, but it has fallen sharply from its May highs as traders mark down the first-day premium.

The SPCX perpetual still trades above SpaceX’s $135 offer price, but it has fallen sharply from its May highs as traders mark down the first-day premium.

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