TradingKey – The SpaceX IPO is being feverishly pursued, but this does not necessarily mean the price will rise; beware of the risk of a sharp pullback after listing.

On Friday (June 12), defying threats of strikes from Iran, the price of SpaceX (SPCX) pre-IPO tokenized futures in the crypto market surged. Among them, the price of SpaceX perpetual contracts on Binance ( BNB) surged past $180, approximately 33% higher than the official pricing of $135 per share. However, is this price reasonable? Will SpaceX see a crash after it officially goes live? SpaceX perpetual contract price chart, source: TradingView

According to a disclosure by Iran’s state media, the Fars News Agency, on Thursday, Iran has included Elon Musk’s business entities in…