Time
06:25
SPCX rebounded from its low this week to $183, with its valuation potentially reaching $2.4 trillion.
June 12, 2026
CoinFeed News
CoinFeed reported on June 12th that, according to CoinDesk, the perpetual contract SPCX tracking SpaceX's IPO on Hyperliquid rebounded to $176-$183 on Friday, after falling to $153 earlier this week. SPCX open interest was approximately $216 million, with 24-hour trading volume exceeding $150 million. SpaceX priced at a fixed price of $135, and SPCX currently implies a first-day premium of approximately 36%, up from 16% on Wednesday, but down from the 60% high in May. Other shadow markets are also pointing in the same direction. Bloomberg reported on Friday that derivatives from IG International show SpaceX valued at approximately $2.4 trillion, more than 35% higher than the IPO price of $1.77 trillion.