SpaceX IPO: Crypto exchanges cash in on SpaceX frenzy with pre

Crypto exchanges are letting traders bet on SpaceX’s future share price through pre-IPO perpetual futures. Between May 17 and Wednesday, these instruments saw $3.2 billion in trading volume. Lawyer Philippe Noeltner called the volumes "mind-boggling." These risky products allow investors to use leverage to bet on the company’s market moves.