#SpaceXIPOCountdown Reuters: SpaceX is targeting a Nasdaq listing as early as June 12 🚀 Valuation: $1.75T. BlackRock weighing a $5B–$10B allocation from its actively managed funds. Potentially the largest tech IPO in years. But here's what's different this time 👀 When Cerebras listed on Nasdaq, on-chain platforms had already been trading CBRS perpetuals for two weeks — completing the first systematic front-run of traditional IPO price discovery. Markets widely expect on-chain venues to do the same to SpaceX 🔗 Three questions: → Cerebras got front-run once. Can a $1.75T IPO like SpaceX actually be front-run the same way — or does the sheer size make on-chain pricing less reliable? 🤔 → BlackRock allocating $5B–$10B vs. on-chain retail traders setting the early price. Whose number is more accurate — institutional conviction or crowd-sourced chain pricing? 📊 → If on-chain front-running becomes the default for every major IPO, what does that mean for ordinary investors? Does price discovery move permanently on-chain — leaving TradFi always one step behind? 👀