The Elon Musk company’s pre-IPO market is down 27% in three weeks
A widely tracked 5x leverage perpetual on Hyperliquid tied to SpaceX’s impending IPO, expected to be the largest in history, has fallen for three consecutive weeks. The product, tickered as SPCX, was trading near $157 on Wednesday, down about 27% from its launch price in mid-May of around $216, after briefly touching $230. That doesn’t […]
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