TradeXYZ's synthetic SPCX perpetual contract on Hyperliquid surpasses $300M in 24-hour volume as SpaceX prepares for its historic $75B Nasdaq IPO on June

SpaceX is set to debut on Nasdaq under ticker SPCX on June 12, targeting a $75 billion raise and $1.77 trillion valuation with 18,712 BTC on its balance

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.