Author: CryptoPress

Hyperliquid’s native token HYPE hit a new all-time high of $76.90 on Tuesday morning, extending its weekly gains to roughly 46%. The rally was driven by short liquidations, after-hours activity in the platform’s SpaceX pre-IPO perpetual futures (SPCX), and institutional backing from asset managers. Aggregate open interest on HYPE futures surpassed $3 billion as the protocol solidifies its dominance in decentralized...

SpaceX has executed an option to acquire Anysphere, the parent company behind the popular AI-powered code editor Cursor, for $60 billion in Class A common stock. The deal follows just days after SpaceX made its historic Nasdaq debut, positioning Cursor as a core software layer within its vertically integrated AI roadmap. The acquisition aims to bridge the enterprise product gap for xAI and its Grok ecosystem, which has lagged behind dominant...

SpaceX (NASDAQ: SPCX) surged 19.6% on Monday, closing at $192.50 per share to extend its explosive public market debut. The company’s market capitalization has climbed to $2.52 trillion, making it the seventh-largest publicly traded company in the United States. The massive float has triggered retail and institutional frenzy, with the stock briefly touching an after-hours high of $229.85. Following its historic public market debut last...

SpaceX debuted on the Nasdaq under the ticker SPCX after pricing its record-breaking initial public offering at $135 per share to raise $75 billion. Shares opened at $150 and surged past $176 in intraday trading, driving the company’s market capitalization above $2 trillion. The historic market debut officially crowns CEO Elon Musk as the world’s first trillionaire, with a paper net worth reaching an estimated $1.1...