SpaceX Pre-IPO Synthetic on Hyperliquid Falls 31% From Highs
A SpaceX-linked pre-IPO synthetic on Hyperliquid turned sharply volatile ahead of the company’s Wall Street debut, with the SPCX perpetual contract down 31% from its listing high. Another indication still pointed to a roughly 17% IPO pop, underscoring split expectations in the run-up to the offering.
The swings add a crypto-market readthrough to a closely watched float. Bybit has already opened tokenized access to the SpaceX IPO through xStocks, and earlier reports said the company’s $75 billion offering had drawn about $150 billion of demand, roughly twice the shares on offer, ahead of expected pricing on June 11 and trading the next day.
From the sources (22 posts)
@yahoofinanceSpaceX's IPO dream runs into Wall Street's oldest test: Chart of the Day
@wsjCurrent and former SpaceX employees are poised to hit it big when the rocket-and-satellite maker goes public next week.
@businessThe SpaceX IPO has created a groundswell of business for wealth advisers who specialize in the complex equity compensation favored by tech startups — and the massive tax bills likely to follow
@reutersMusk's SpaceX IPO jolts life back into European retail investing
@rohanpaul_aiRT @rohanpaul_ai: SpaceX just disclosed a new Cloud Service Agreement with Google. Google to pay SpaceX $920 million a month (about $11B a…
@theinformationAnthropic went from blocking xAI’s access to Claude to renting a major portion of its compute capacity for $1.25 billion a month. Full story:
@rohanpaul_aiRreuters: SpaceX’s $75B IPO is already seeing about $150B in demand (2x oversubscribed) SpaceX has said its AI business could chase a $23 trillion market, that it can use space to build AI compute capacity beyond the limits of Earth-based
@andrewcurran_There was some confusion about this deal yesterday. Google will pay Spacex $920 million a month for compute. This is on top of the $1.25 billion a month Anthropic pays in their deal. Elon is now bringing in $2 billion+ a month for compute-a
@wublockchainBybit Launches IPO Express, Opens Tokenized SpaceX IPO Subscription via xStocks Bybit has launched IPO Express, an on-chain equity offering product, and introduced a tokenized SpaceX IPO subscription in partnership with xStocks. Spot tra
@cointelegraph⚡ HUGE: SpaceX's IPO is already 2x oversubscribed.
@theblockcoBybit follows Kraken in offering tokenized SpaceX IPO access via xStocks
@bybit_officialThe wait is over. Eligible VIP and PRO users can now access the SpaceX IPO through IPO Express on Bybit. 🚀 Subscribe with USDC, receive allocated tokenized shares, and trade them on Spot after listing. Apply now: h
@cryptoroverRT @cryptogoos: 🚨 SPACEX IS CRASHING ON HYPERLIQUID BEFORE IT EVEN HITS THE NASDAQ. The price is already down 25% since listing. This is…
@insider0xRT @benbybit: Bybit First IPO Express - SpaceX is Live now Working exclusively with @xStocksFi and @krakenfx pre…
@reutersCryptocurrency exchange Bybit to open SpaceX tokenized IPO access
@reutersHow can retail investors buy shares in SpaceX's IPO?
@reuterslegalCryptocurrency exchange Bybit said it will offer retail investors access to tokenized initial public offerings (IPOs) at the offering price, starting with SpaceX as its first offering.
@wsjCurrent and former SpaceX employees are poised to hit it big when the rocket-and-satellite maker goes public next week.
@reutersExplainer: How can retail investors buy shares in SpaceX's IPO?
@businessThe SpaceX IPO has created a groundswell of business for wealth advisers who specialize in the complex equity compensation favored by tech startups — and the massive tax bills likely to follow
@cryptohayes$SPCX IPO pop indicating +17%, is that enough to keep the AI dream alive?
@cryptoroverRT @cryptogoos: 🚨 SPACEX IS GETTING CRUSHED ON HYPERLIQUID BEFORE THE IPO EVEN HITS WALL STREET. $SPCX is down 31% from its perp listing h…