Someone just made a huge $16.6 million bet that a SpaceX IPO is coming.

A trader called 0x9cc has been buying SPCX longs on Hyperliquid for the last 48 hours.

He now has $18.5 million worth of exposure and still holds $10 million USDC in reserve.

This is not a normal trade - it's a high-conviction bet.

It's the biggest SPCX long position ever seen on-chain.

Either this trader knows something the market doesn't, or we're about to see one of the most expensive wrong bets in DeFi history.