SpaceX will launch at a $1.8 trillion valuation on Nasdaq on Thursday, yet traders on Hyperliquid are pricing the company as high as $2.15 trillion in pre-IPO perpetual contracts. 85% Of Hyperliquid Traders Are Long But 78% Are Currently Losing Of the 4,528 traders holding open positions on Hyperliquid's SpaceX contract, 3,865 are long and 663 are short, an 85 to 15 ratio.