🚨 SpaceX $SPCX is not even public yet & crypto traders already pushed its implied valuation toward $2.5 TRILLION on $HYPE pre-IPO perps.



Current stats:
> $35M daily volume
> $24M open interest
> Price jumped from $150 to over $210 in a day

That would make SpaceX one of the largest companies on earth overnight. 🔥

#GateSquareMayTradingShare
HYPE5.24%
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 2
  • 4
  • Share
Comment
Add a comment
Add a comment
RugpullTherapist
· 2h ago
This valuation is crazy; SpaceX hasn't even gone public yet, and $HYPE's perp has already soared to 2.5 trillion? The imagination in DeFi truly has no limit.
View OriginalReply0
MevStreetPhotographer
· 2h ago
$35M daily trading volume drives this narrative, the capital efficiency in crypto is really incredible, but they dare to price it so high without an IPO, they still have to consider the risk of it going to zero
View OriginalReply0
  • Pinned