SPACEX ($SPCX) has begun trading via perpetual futures on the Hyperliquid platform at a price of approximately $208 per share. This price action implies a potential market capitalization of $2.4 trillion, which would significantly exceed the historical IPO records of companies like Alibaba, Meta, Uber, Rivian, and ARM Holdings. Visual data confirms the SPCX-USDC pair recently experienced a price spike to $230 before stabilizing near the $208.64 level.