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

CoinDesk· Shaurya Malwa· Jun 12, 2026 · 6:13 AM
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%.

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