It was clear NASDAQ would use the full legal name and not SpaceX as they do that with other companies but Binance is also using the full legal name for the SPCX perps. I guess we should expect to see Space Exploration Technologies Corp everywhere.
https://t.co/8MCwrq902D

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Notice how it's trading under $SPCX - Space Exploration Technologies on Binance?
They don't call it SpaceX. They use the correct legal name. Details matter.
https://t.co/pbuReMlNvb https://t.co/T5EELG5XOh
Btw the spec for @tradexyz $SPCX perp has changed. They removed the share count data and added a disclaimer saying that pre-IPO terms can change at any time, and that the perp price shouldn’t be interpreted as a valuation reference.
De facto, we’re now just trading the price itself.
If for some reason Elon decides that $200/share is too expensive for the average person and does another split down to $20/share, the market will simply reprice accordingly (and the same logic applies in reverse too).
.@tradexyz IPOP $SPCX starts at ~$150 with 11.87B shares (~$1.78T valuation).
I’ve never seen these numbers anywhere publicly. TradFi secondary markets imply the same valuation with shares trading closer to ~$740.
Either TradeXYZ made the numbers up… or they’ve got direct IPO connections. DYOR.
Wouldn’t wanna be short $HYPE here.
🚨 News: @bitget has launched SPCXUSDT, a SpaceX pre-IPO perpetual contract.