SpaceX Pre-IPO Perp
No mentions found
This entity hasn't been tracked yet, or Iris is still building its knowledge base.
Related Articles from SNS
Investors can 'buy' SpaceX early with Coinbase perpetual futures on pre-IPOs
Coinbase on Thursday unveiled a new product that lets customers get price exposure to private companies before they go public, starting with a perpetual futures contract –better known as a "perp" – tied to SpaceX. Pre-IPO perps give traders the ability to speculate on the value of a private company without owning shares. Coinbase's first offering is the SpaceX Pre-IPO Perp, a derivative settled in the USDC stablecoin that tracks the private-market valuation of Elon Musk's space company. The...
SpaceX primed for double-digit pop on first day, if ‘perps’ trading is any guide
Crypto traders in the SpaceX pre-IPO perpetual futures are expecting a big first day for Elon Musk's much-hyped space company. The perpetual future contract is currently trading around $162 on the Hyperliquid trading platform, a market dominated by highly active, leverage-seeking crypto traders. That's about 20% above its fixed IPO price of $135 per share, but down sharply from the peak levels exceeding $220, reached shortly after its May launch.