Perpetual futures, contracts that don’t expire, tied to SpaceX were trading around $165 on crypto venues Hyperliquid and Binance Thursday morning in New York, implying a valuation of roughly $2.2 trillion. The company is offering shares at a fixed price of $135 in its record-setting initial public offering.
SpaceX’s IPO is set to price on Thursday. It has attracted demand for more than four times the available shares, Bloomberg