SpaceX began trading on Wall Street after raising $75 billion in what the source described as a record-breaking IPO, with shares priced at $135 and the company valued at $1.77 trillion. Earlier reports said Saudi Arabia and Kuwait’s sovereign wealth funds had each placed subscription orders of $1 billion to $5 billion, while Qatar Investment Authority was considering a large commitment. At the same time, blockchain-based pre-IPO markets tied to SpaceX showed prices above the IPO level and drew large bearish trades: Arkham said address “wenyu8888888” used its full $5.7 million balance to open a 2x SPCX short, while Hyperinsight reported a separate $3.52 million 3x short on Hyperliquid entered at $177.7 with a $222 liquidation price ahead of a Nasdaq display period.