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SpaceX IPO at $135 Drains Crypto Liquidity: What SPCX Shows

SpaceX's $135 IPO draws $250 billion in demand, draining liquidity from crypto and tech. The SPCX perpetual on Hyperliquid is down 27% from its peak.

Giulia FerranteBy Giulia Ferrante Updated 24 Jul 2026 3 min read How we work

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