SpaceX IPO: Will Elon Musk Launch a Trillionaire or a Crash Landing?

SpaceX IPO Frenzy Chart

The official IPO price? A cool $135 per share. But traders are out here acting like they’ve got a direct line to Mars, pushing pre-IPO contracts to a premium that would make even Jeff Bezos blush. As of 10:20 AM UTC on Friday, June 12, SPCX perpetuals on Hyperliquid were hovering around $175, with brief spikes above $180. That’s a 33% premium, folks. Or, in Elon terms, enough to fund three more Twitter rebrandings.