SpaceX IPO valuation jumps back to 2.4 trillion, and the perpetual contracts on HyperLiquid have already popped the champagne in advance, with prices between $176-$183 reflecting nearly a 20% rebound from the lows—liquidity is indeed fierce.

SPCX26.15%
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CryptoWorld news: SpaceX’s crypto trading IPO valuation has rebounded from earlier declines, and is now pointing to $2.4 trillion. Perpetual contracts related to SpaceX on HyperLiquid rose to about $176 to $183 in the early hours of Friday, up from this week’s earlier low of $153. The open interest for the contract is close to $216 million, and the 24-hour trading volume exceeds $150 million. Although the SPXC contract does not give holders any shares in or distribution rights to SpaceX, since SpaceX set the IPO price at $135 per share, the contract has become one of the few active markets in which traders believe the stock could open.
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