The Hyperliquid tx shows TradeXYZ’s xyz deployer registering xyz:SPCX at 14:46 UTC on May 17, with an initial oracle price of $150 and isolated-only margin. Ticker bots flagged the acquisition at 500 HYPE, roughly $21.6K, and CT is reading it as setup for a SpaceX pre-IPO perpetual on TradeXYZ. The tx confirms the market registration step, not live trading yet.

TLDR by @Benthic

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