Milk Road(@milkroaddaily):SpaceX is reportedly targeting a June 12 Nasdaq listing at a $1.75T valuation, w/ $75B raised... And onchain perp markets are already running price discovery on it. $SPCX is trading on Hyperliquid at ~$200 per share. The reported IPO price target is ~$150. That's a ~35% premium baked into a crypto derivative while Nasdaq investors are still waiting on a prospectus. Onchain perp markets are becoming a front-running price discovery layer for major private assets. (Running months before any traditional venue even gets a look)

Milk Road

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Milk Road@milkroaddaily

2026.05.19 13:30

SpaceX is reportedly targeting a June 12 Nasdaq listing at a $1.75T valuation, w/ $75B raised... And onchain perp markets are already running price discovery on it. $SPCX is trading on Hyperliquid at ~$200 per share. The reported IPO price target is ~$150. That's a ~35% premium baked into a crypto derivative while Nasdaq investors are still waiting on a prospectus. Onchain perp markets are becoming a front-running price discovery layer for major private assets. (Running months before any traditional venue even gets a look)