The post SpaceX IPO Valuation Raises Investor Concerns appeared first on Coinpedia Fintech News
A major trader on Hyperliquid has reportedly earned about $700,000 by shorting $3.1 million worth of SPCX, a pre-IPO market tied to SpaceX, after the contract fell more than 27% from its peak. Ventuals confirmed it will use 13.075 billion outstanding shares to settle the SpaceX market, implying an effective IPO price of about $157 …