SpaceX IPO lifts shares toward Amazon’s value as tokenized SPCX trades surge on Hyperliquid

SpaceX’s IPO has coincided with a sharp surge in the company’s market value and share price, with one report noting the firm is nearing Amazon’s market capitalization after a strong post-IPO rally. Another report said SpaceX shares rose in premarket trading as investors tracked the IPO-related momentum across crypto and tokenized-equity markets ^{[1] [2]}.

Crypto trading activity tied to SpaceX is also picking up, according to a report that said SpaceX’s tokenized version (SPCX) flipped Solana volumes on Hyperliquid and recorded its most active day following the June 12 IPO, with daily volumes crossing $1 billion on the platform mentioned. Separately, multiple outlets reported SpaceX’s approach to earnings communications—sharing updates via X rather than wire services—while another article cited post-IPO trading gains and an analyst price target for the stock ^{[3] [4] [5]}.

Overall coverage links SpaceX’s IPO to both traditional-market repricing (market cap and share moves) and increased activity in tokenized-equity trading channels ^{[1] [2] [3]}.