{"id":104227,"date":"2026-06-16T12:03:07","date_gmt":"2026-06-16T12:03:07","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=104227"},"modified":"2026-06-16T12:03:07","modified_gmt":"2026-06-16T12:03:07","slug":"the-spacex-ipo-was-cryptos-biggest-test-ever-did-it-pass","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=104227","title":{"rendered":"The SpaceX IPO Was Crypto&#8217;s Biggest Test Ever: Did It Pass?"},"content":{"rendered":"<div>\n<p><strong>SpaceX\u2019s<\/strong> <a class=\"ticker-link\" data-ticker=\"SPCX\" data-exchange=\"NASDAQ\" href=\"https:\/\/www.benzinga.com\/quote\/SPCX\" target=\"_blank\" rel=\"noopener\">(NASDAQ:<\/a><a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/SPCX\">SPCX<\/a>) IPO gave crypto its biggest real-world stress test yet, with <strong>Hyperliquid<\/strong> <a class=\"ticker-link\" data-ticker=\"HYPE\" data-exchange=\"CRYPTO\" href=\"https:\/\/www.benzinga.com\/quote\/HYPE-USD\" target=\"_blank\" rel=\"noopener\">(CRYPTO: <\/a><a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/\">HYPE<\/a>) generating $1.4 billion in SPCX trading volume on listing day.<\/p>\n<h3 class=\"wp-block-heading\">Perpetual Futures Passed The Test By Predicting Where SpaceX Would Open<\/h3>\n<p>Hyperliquid\u2019s SPCX perpetual futures traded within what became the stock\u2019s first-day range for most of the week before the IPO, giving traders a continuous 24-hour read on investor sentiment before Nasdaq opened.\u00a0<\/p>\n<p>SpaceX closed its first day at $160.95, valuing the company at $2.2 trillion. The shares jumped another 20% to $192.46 Monday.<\/p>\n<p>\u201cThe SpaceX premium was not a forecast,\u201d <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2026-06-15\/spacex-ipo-stress-tests-crypto-s-bid-to-reinvent-stock-markets\">said<\/a> D2 Finance portfolio manager Luca Parlamento. \u201cIt was exposure that re-priced the second a cash market existed to re-price against. That is what pre-IPO &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/crypto\/cryptocurrency\/26\/06\/53218830\/the-spacex-ipo-was-cryptos-biggest-test-ever-did-it-pass?utm_source=benzinga_taxonomy&amp;utm_medium=rss_feed_free&amp;utm_content=taxonomy_rss&amp;utm_campaign=channel\" alt=\"The\" spacex ipo was crypto biggest test ever: did it pass>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>SpaceX\u2019s (NASDAQ:SPCX) IPO gave crypto its biggest real-world stress test yet, with Hyperliquid (CRYPTO: HYPE) generating $1.4 billion in SPCX trading volume on listing day. Perpetual Futures Passed The Test By Predicting Where SpaceX Would Open Hyperliquid\u2019s SPCX perpetual futures traded within what became the stock\u2019s first-day range for most of the week before the [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-104227","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/104227","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=104227"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/104227\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=104227"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=104227"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=104227"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}