Hyperliquid's SPCX Contracts Fall 27% in Three Weeks to $157, Still Above $135 IPO Price

SPCX3.8%
According to CoinDesk, SpaceX pre-IPO tracking SPCX contracts on Hyperliquid declined 27% over three weeks, trading around $157 on Wednesday, June 10, down from approximately $216 in mid-May. Despite the decline, SPCX remains above SpaceX's $135 IPO pricing, with implied first-day premium narrowing from roughly 60% in May to approximately 16%.
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