SPCX Whale Opens $1.27M Long Ahead of Starship Flight 13 Launch Attempt

Address 0xf64d opens largest-ever SPCX long position of $1.27M on Hyperliquid ahead of Starship Flight 13, risking liquidation if launch fails.

Woofun AI reports that address 0xf64d opened a $1.272 million long position in SPCX on Hyperliquid, marking the largest single trade for this entity since June. The position, sized at 10,900 SPCX at an average price of $116.1, carries 8x leverage with a liquidation price of $104.3. This move precedes SpaceX’s planned Starship Flight 13 launch attempt on July 24, following the abort of Flight 13 on July 17 due to engine failure, which caused SPCX to drop 9.7% to $119.4. The trader has previously executed five SPCX trades with a net loss of $55,100. Flight 13 aims to deploy 20 Starlink V3 satellites and occurs before SpaceX’s Q1 earnings report on August 4.