IPOendedupdated Fri, 23 Oct 2026, 18:00 UTC
SpaceX IPO and the SPCX perp
Hyperliquid priced SpaceX for weeks before Nasdaq did. What the perp said, what the stock did, and where whales sit in SPCX today.
- Perp listed
- 18 May 2026 on trade.xyz, $150 reference, high $230
- IPO price
- $135 (Nasdaq, 12 Jun)
- Perp two days before
- about $162
- First-day close
- $160.95 (+19%)
- Debut volume on Hyperliquid
- $1.4B, about 30% of HIP-3 volume (The Block). Over $1.3B (CoinPaprika)
The price around the event hourly prices from 9 Jun to 16 Jun, numbers mark the timeline
Timeline entryNasdaq listingHourly closes from Hyperliquid, UTC
Timeline newest first · 6 entries
- 6
SPCX volume reaches $332M on 4 Aug ahead of a 911.5M-share unlock on 6 Aug. A $203M wall of SPCX limit shorts is reported, venue and wallet not named.
- 5
SpaceX closes its first day at $160.95, up 19%, almost exactly where the perp traded two days before. SPCX trades $1.4B on Hyperliquid that day.
- 4
A wallet (0x9cc1…ac56) holds a $22.3M 2x long at about $168, liquidation price about $93.
- 3
CNBC uses the Hyperliquid perp at about $162, 20% above the $135 IPO price, as a first-day forecast.
- 2
On Ventuals, a separate SpaceX perp falls 45% in 30 minutes on faulty oracle data around a 5-for-1 split. 405 users are liquidated (Unchained), 484 in a 24-hour count (The Block).
- 1
trade.xyz lists xyz:SPCX at a $150 reference price. It trades at $207 the same day and touches $230.
Trade timing alone says nothing about what a trader knew. Many traders position before scheduled events. Times are when a move was first seen on Hyperliquid and when a report was first published.
SPCX on Hyperliquid is a perp settled in USDC. It gives no claim on SpaceX shares.
Where whales stand today
These are today’s positions. Whale data for 12 June is not on record.
- $147.7
- Short 57%
- Whale Tide 37
- $69.7M of whale money
| Whale | Side and leverage | Size | To liquidationwithin 20% | Recordof 100 |
|---|---|---|---|---|
| Salt Shallowslong 10× | long 10× | $14.8M | – | 55 |
| Silent Lagoonshort 20× | short 20× | $8.6M | 11.5% | 75 |
| Smooth Conchshort 20× | short 20× | $7.9M | – | 25 |
| Sleeping Billowshort 20× | short 20× | $7.2M | – | 60 |
| Floating Selkieshort 10× | short 10× | $5.6M | – | 77 |
Latest whale moves in these markets2 moves of $1M or more
- SPCXAdds to a long
Brine Selkie adds $658K to its SPCX long, now $1.8M. Track record 42/100.
- SPCXTrims a short
Ancient Marlin trims its SPCX short by $689K to $359K at $148.8 (+$1K realised).
Corrections
None so far. Entries are never changed silently: a fix appears here with its time.
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The card shows where SPCX whales stand now, with the time and the source.
As of Sun, 25 Oct 2026, 07:43 UTC. Curated entries link their sources. Whale moves and prices come from Hyperliquid, whale moves 15 minutes after Pro. Not financial advice. WhaleRadar earns nothing on your trades.