SpaceCointelegraphabout 20 hours ago
SpaceX IPO whale opens $22.3M SPCX long
1 min read
A whale opened a $22.3 million leveraged long on SPCX, a synthetic pre-IPO contract tied to SpaceX. The synthetic market trades at $175, a 30% premium over the $135 IPO price. IPO history shows first-day gains average 30% but mostly benefit offer-price recipients.
Level
Hype check
Tap to vote and see what everyone thinks.
