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SpaceX's most active pre-IPO trading market, a leveraged perpetual contract on Hyperliquid, has dropped roughly 27% over three weeks as its launch-day premium fades. Key Points: The SPCX perpetual has fallen about 27% since its mid-May launch, yet it still trades above SpaceX's $135 offer price. Its

Steve Eisman, the trader who shorted subprime mortgages before the 2008 crash, wants no part of SpaceX's $1.77 trillion IPO expected to price this week. Key Points: Eisman said he is steering clear of the SpaceX offering, comparing its prospectus to science fiction. He flagged a sharp jump in capita

SpaceX is pressing ahead with its $135 IPO price as demand reaches about $150 billion, despite a warning from Morningstar. Key Points: SpaceX plans to close IPO order books Wednesday. Demand has reached about $150 billion for a $75 billion offering. Morningstar valued the company near $780 billion,

Dogecoin (DOGE) is sliding ahead of the historic SpaceX IPO on Jun. 12, failing to draw buyers despite a lunar mission funded entirely in the meme coin. Key Points: DOGE fell 18% between June 1 and June 6, briefly hitting $0.07 for the first time since February 2024. SpaceX lists on the Nasdaq on Ju

Google has agreed to pay SpaceX about $920 million a month for AI computing power, a deal worth roughly $30 billion that runs through mid-2029. Key Points: Google will pay SpaceX $920 million monthly from October 2026 through June 2029. The contract hands Google access to 110,000 Nvidia GPUs to powe