Binance Launches SpaceX Pre-IPO Perpetual Contract for Retail Investors
Cryptocurrency exchange Binance has introduced a 'Pre-IPO Perpetual Contract' allowing investors to speculate on the valuation of SpaceX ahead of its anticipated June IPO. The contract is part of Binance's effort to expand derivatives products and leverage prediction markets, with traders estimating up to a 70% chance that SpaceX’s IPO will value it above $2 trillion.
Topics: derivatives trading IPO prediction markets SpaceX valuation