SpaceX priced its record $1.77 trillion IPO at $135 per share. On Hyperliquid, synthetic SPCX contracts are trading at $177, signaling a major opening day

SpaceX plans to raise $75 billion in its IPO at a $1.75 trillion valuation. The massive equity issuance could drain liquidity from crypto and risk assets.

SpaceX's record $1.77 trillion IPO creates massive profits for pre-IPO investors, while crypto traders speculate through Hyperliquid perpetual futures