SpaceX is about to go public, with pre-market trading of the US aerospace stock surging significantly.

Breaking: Ahead of SpaceX’s upcoming initial public offering (IPO), the Solana ecosystem’s perpetual contract trading platform Pacifica has rolled out a 69% transaction fee discount campaign for SPCX, running through June 18. Per platform funding rate metrics, Pacifica holds the largest hourly funding rate gap for SPCX compared to Hyperliquid, with an hourly differential of 0.00107%. (For details on the Pacifica promotion, visit: https://app.pacifica.fi/trade/SPCX?referral=pacbot)

June 12, 2026 – The Hang Seng Indexes Company announced today that SpaceX will hold its initial public offering (IPO) on June 12, 2026. As a result, the Hang Seng TECH Index will add the space exploration technology firm SpaceX (ticker: SPCX.O) to its list of designated U.S. component stocks, expanding the current group dubbed the "Big Tech Seven" to include one new member. After SpaceX’s 7th day of public trading, the weights of the eight U.S.-listed component stocks will be rebalanced to an equal-weight structure following the market close on June 23, 2026. The revised index composition (adding SpaceX) and updated weightings are set to take effect on June 29, 2026 — which marks SpaceX’s 11th trading day since going public.

June 12: AMD (AMD.O) climbed nearly 2% in premarket trading, following Citigroup’s upgrade of its rating on the semiconductor firm from Neutral to Buy. Source: FX168

June 12 — G7 officials said the memorandum of understanding between the U.S. and Iran could be signed as early as this Sunday, with Geneva serving as the venue. (FXStreet)

June 12 – According to LookOnChain, an on-chain analytics platform, a single whale address has been continuously accumulating ETH over the past three days, spending a total of $17.94 million USDC to acquire 10,800 ETH, at an average price of approximately $1,661 per ETH.

June 12 — Per Hyperinsight’s monitoring data, a whale on the Hyperliquid platform opened a new 3x leveraged short position for SPCX over the past two hours, totaling $3.52 million. This is the largest single position opened on the platform so far today. The position has an entry price of $177.7 (corresponding to a ~$2.32 trillion market cap) and is currently generating slight unrealized profit; its liquidation price is set at $222 (≈$2.9 trillion market cap). According to reports, SPCX will enter its Nasdaq display period at 9:30 PM Beijing time today. Once price volatility stabilizes, the first official order matching will take place — Hyperliquid’s SPCX contract price is expected to reference this benchmark price post-matching. SpaceX’s IPO was priced at $135 per share, and current on-chain valuations sit at a ~29.6% premium to that IPO level. The whale’s short position at this premium suggests it expects post-display period trading to converge toward the IPO price, pushing SPCX’s