@CryptoPatel Don’t be lazy, a lot of these calls were made late 2025 and have since been revised lower. CITI march 2026 cut to $82k. TD Cowen revised $100k
hyperliquid:native a good long term hold, but its not a token to day trade as yet. Mainly due to manipulation by large holders and upcoming unlocks. Look at the difference in price action today compared to solana:So11111111111111111111111111111111111111112 and bitcoin:native
$sol is a buy here and also on any dip in the 70’s. A very good chance of improving your wealth over the next few years. $hype also a good buy but hold back for a bigger pull back into mid 50’s due to token unlocks for now. @solana@blknoiz06@HyperliquidX
@Sakrexer Stress test this against October 10th. The problem with portfolio margin is it breaks down when both your position and your collateral value drop sharply together.
SpaceX IPO Cheat Sheet June 12, 2026
Space Exploration Technologies Corp. (SpaceX) is set to begin trading today on the Nasdaq under the ticker SPCX. This marks one of the largest initial public offerings in history.
IPO Terms
IPO Price Fixed at $135 per share
Shares Offered 555.6 million
Gross Proceeds Approximately $75 billion (record for any IPO)
Implied Valuation Approximately $1.77 trillion
Trading Commencement June 12, 2026, at 9:30 a.m. ET on Nasdaq
The offering attracted exceptionally strong demand, reported to be approximately 4× oversubscribed with total orders exceeding $250 billion.
Financial Highlights (from S-1 filing)
2025 Revenue $18.67 billion (↑33% year-over-year)
2025 Net Loss Approximately $4.94 billion
Primary Revenue Drivers Starlink connectivity services (profitable and scaling rapidly) and launch services
Valuation Multiple Roughly 94× trailing twelve-month sales at the IPO price
SpaceX operates across three main segments: Space (launch vehicles including Falcon and Starship), Connectivity (Starlink), and AI infrastructure following the 2026 acquisition of xAI.
Access for Retail Investors
A notable portion of the offering (reportedly up to 30%) has been allocated for retail investors through participating brokerages, including Robinhood, Fidelity, SoFi, E*Trade, and Charles Schwab.
Trading Considerations
Expected Market Reaction High volatility is anticipated on the debut day, with potential for a significant opening premium given strong pre-IPO sentiment.
Valuation Context While the IPO price reflects substantial growth expectations in satellite internet and space-based AI infrastructure, some independent analyses have suggested the valuation may be elevated relative to current fundamentals.
Hyperliquid SPCX Perpetual Futures
Traders seeking immediate leveraged exposure may consider the synthetic SPCX perpetual futures contract available on Hyperliquid.
As of recent market data, this contract has been trading at a premium to the $135 IPO price (approximately $170–$185 range recently), reflecting market expectations of a first-day pop. The instrument offers leveraged trading (including up to 5× in certain configurations) and settles in USDC. It has served as a key venue for price discovery in the lead-up to the listing.
Key Risks for Traders
Execution risk on major initiatives (Starship development and AI infrastructure scaling)
High capital expenditure requirements
Dual-class share structure resulting in concentrated voting control
Potential for post-IPO volatility and mean reversion after initial trading enthusiasm