Crypto Exchanges Launch SpaceX Pre-IPO Perpetual Futures as IPO Hype Intensifies

Crypto traders can now bet on Elon Musk's SpaceX valuation through perpetual futures contracts even before the company goes public, with major exchanges rolling out these synthetic products amid intense IPO buzz. OKX and Crypto.com have launched pre-IPO perpetual futures tied to SpaceX, alongside OpenAI and Anthropic, allowing users to speculate on the private companies' valuations without owning any actual equity. Other platforms like Hyperliquid, Injective, BingX, and BTCC have also entered the space, creating a parallel trading ecosystem for some of the world's most valuable unlisted firms.