SpaceX price discovery occurs on different markets and with an IPO price expectation of $1.75 trillion, those buying the SpaceX perps on Hyperliquid are paying 36% above that value, effectively implying that

a) the IPO share price of $147 might be raised during the book building period and / or

b) that the stock will climb more than 36% on day one.

While this can certainly occur, risk/reward is not great in buying at a 36% premium out of the gate.

There are several other space related companies that we have identified and written extensively in our 10x What Matter cross asset publication.

Some of those space shares are up +300% during the last year with the latest quarterly earnings indicating which of those companies have strong tailwind.

The space story is certainly not over and the SpaceX listing will establish a new ecosystem for stock investors.

It is important to understand that the voyage to Mars and colonizing a new planet are just narratives to get investors excited, the bull market story is a lot closer to home, while still in space, as we have explained in our reports.

See our report: "Bitcoin, SpaceX, Palantir: The Infrastructure War That Will Decide Your Future" for details and investment opportunities (link in bio).