SPCX is set to hit the NASDAQ in June, and crypto markets have already begun pricing the asset. A rapidly growing shadow market now lets retail investors speculate on SpaceX’s valuation before public trading.
A perpetual contract platform, Trade.xyz, has launched a futures contract that tracks the expected market value of SpaceX, without any affiliation with the company. The contract has seen a 44% increase in value ever since.
According to the BBC, some analysts believe the SpaceX IPO could impact the net worth of its major shareholders. Elon Musk, who holds substantial SpaceX shares, may see these valued at over $600 billion. Pre-IPO trading suggests that current valuations may serve as a starting point.
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