SpaceX Prediction Market on Hyperliquid Prices Shares at $166, Implied Valuation at $2.15 Trillion

A SpaceX prediction market on Hyperliquid was recently quoted at about $166 per share, implying a valuation of about $2.15 trillion. According to Odaily, the figures were disclosed by MLM based on Hyperliquid market data as SpaceX’s IPO approaches. Data showed 4,528 traders held open positions, including 3,865 long and 663 short, for an approximate long-short ratio of 85:15. Open interest was about $66.6 million, while cumulative trading volume exceeded $450 million. The market recorded about 2.33 million units traded and more than 917,000 transactions over three weeks. Among the 4,528 position holders, 1,001 were in profit, representing 22%, while 3,527 were in loss, representing 78%. By notional position size, the largest short held about 27,100 SPCX units, with a position value of about $4.5 million. Market maker Cumberland ranked as the second-largest short, holding about 18,700 SPCX short units valued at about $3.1 million.