Hyperliquid SpaceX pre-market valuation drops below $2.4 trillion

The Odaily planet daily reports that SPCX on Hyperliquid briefly dropped over 2%, with the price now at $197.5. SPCX is a SpaceX pre-market perpetual contract issued by Trade.xzy on the HIP-3 market. As SPCX declines, Hyperliquid's pre-market valuation of SpaceX falls below $2.4 trillion, approximately $2.34 trillion. (Valuation formula: SPCX price * estimated number of shares of 11.87 billion)