SPCX up 19% after record IPO; history shows 44% buyer loss
CRYPTOCURRENCY

SPCX up 19% after record IPO; history shows 44% buyer loss

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SpaceX’s after‑hours price climbed to $166.85 on June 12, after its Nasdaq debut settled at $161, delivering a 19% rise from the $135 IPO price.

IPO Scale and Investor Reaction

The offering attracted an estimated 500 million shares, establishing it as the most extensive IPO on record. The surge propelled Elon Musk into the world’s first trillion‑dollar net‑worth bracket in a single trading session, a milestone that captured the attention of global investors. Analysts highlighted the $135 launch price as a baseline that underpinned the robust market response.

Crypto‑Driven Pricing Signals

Before equity markets opened, synthetic SPCX perpetual contracts on Hyperliquid traded near $175, roughly 30% above the $135 IPO valuation. IG International’s derivative platform suggested a SpaceX market capitalization exceeding $2.4 trillion, while Polymarket participants assigned