Hayes dumps Maelstrom's WLD stake as Worldcoin drops 10% and SpaceX pre-listing quote slides 50%

Arthur Hayes said Maelstrom sold its entire WLD position less than a day after saying it would keep holding, and Worldcoin fell about 10% in 24 hours with a leg lower after his post. His trigger was a collapsing SpaceX pre-listing chart, with Hyperliquid data showing pre-listing prices down more than 50% even though SpaceX does not list until June 12. The trade was WLD as a liquid AI/SpaceX proxy, but the link is messy: Worldcoin is Sam Altman's project, SpaceX is Musk's, and the whole episode shows how fast narrative beta can unwind.

TLDR by @Benthic

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• SpaceX
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