Crypto perps are pricing a massive 22% Day-1 jump for the SpaceX IPO. Here is why Polymarket odds disagree and the tradeable angle for retail investors.

SpaceX's $1.75 trillion IPO targets a $75 billion raise with $150 billion in demand, pressuring stock futures and spotlighting its $1.29 billion Bitcoin

The SPCX perpetual still trades above SpaceX’s $135 offer price, but it has fallen sharply from its May highs as traders mark down the first-day premium.