SpaceX wins $4.16B contract to build US Golden Dome tracking satellites

SpaceX's $4.16B contract highlights a shift towards agile space-based defense systems, challenging traditional defense contractors' dominance. The post SpaceX secures $4.16B contract from US Space Force for airborne threat tracking appeared first on Crypto Briefing.

SpaceX's $4.16B contract highlights a shift towards agile space-based defense systems, challenging traditional defense contractors' dominance. The post SpaceX secures $4.16B contract from US Space Force for airborne threat tracking appeared first on Crypto Briefing.

The synthetic SpaceX perpetual contract on decentralized exchange Hyperliquid suffered a massive 45% flash crash on Thursday, wiping out over $1.5 million in leveraged positions within 30 minutes. Onchain Data Shows Severe Liquidity Vacuum in Pre-Market Contract SPACEX-USDH, a synthetic pre-market asset, plunged from an opening price of $2,277 down to a low of $1,254 […]

The rise of synthetic futures for private firms like SpaceX signals a shift towards democratized, speculative pre-IPO markets in crypto. The post SpaceX IPO frenzy drives $18M in daily volume on perpetual futures appeared first on Crypto Briefing.

Hyperliquid’s SpaceX pre-IPO perp crashed 45% in 30 minutes, liquidating $1.5M across 405 users after a faulty oracle fed wrong price data. The SPACEX-USDH perpetual contract on Hyperliquid opened the Thursday session quietly. Open interest sat below $2.9 million. Nothing flagged. Then it fell off a cliff. The contract shed nearly 45% inside a single […] The post Hyperliquid SpaceX Perp Flash Crashes 45%, Wipes $1.5M in Minutes appeared first on Live Bitcoin News.

When newly public companies have been valued as richly as SpaceX, OpenAI and Anthropic seem likely to be, the outlook for ordinary investors has been poor.

The post SpaceX pre-IPO bet crashes 45% while HYPE holds near highs appeared on BitcoinEthereumNews.com. SpaceX-linked pre-IPO perpetuals on Hyperliquid came under pressure after the SPACEX-USDH contract crashed by about 45% in 30 minutes.  Summary SpaceX-USDH plunged 45% in 30 minutes, helping trigger liquidations that wiped out $25.27 million in positions over the past 24 hours. HYPE rose near $62 after the crash, showing demand stayed firm despite new oracle concerns. The selloff exposed thin liquidity gaps in pre-IPO perps as traders chased synthetic SpaceX exposure. The move erased about $1.5 million in liquidations and raised fresh questions about thin markets, oracle feeds, and leveraged access to private-company exposure. The move did not cause a direct selloff in Hyperliquid’s native token. HYPE (HYPE) traded near $62 on May 29, with crypto.news data showing an 8% gain over 24 hours. The rebound kept the token close to its recent record high, even as traders reviewed the risk

Hyperliquid’s SpaceX perp fell 45%, liquidating $1.5M, while HYPE rose 8% near $62 as traders weighed oracle risks.