The countdown for Elon Musk $SPCX is dropping by 27% ahead of the historic IPO! 💥
Only 4 days left until the most anticipated listing of the decade on Nasdaq!
The official IPO price for SpaceX is set at $135 per share, giving the company a valuation of $1.75–$1.77 trillion.
Against this backdrop, the synthetic pre-IPO contract on Hyperliquid, which was trading at a significant premium, has started to deflate rapidly, leading to liquidations of longs.
A major short seller 0xe0f has the order book in a vice grip. The bull trap snapped shut right before the official debut on June 12!
#SpaceX #ElonMusk #NasdaqListin