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

Crypto CoinDesk By Shaurya Malwa 12 Jun 2026 06:13 1 min read
SpaceX's crypto-traded IPO was sharply falling. It now points upward to 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%.

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%.

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