Laura Shin: SpaceX valuation hits $2.5 trillion on Hyperliquid as DeFi volatility intensifies

Laura Shin: SpaceX valuation hits $2.5 trillion on Hyperliquid as DeFi volatility intensifies
SpaceX hits $2.5 trillion on Hyperliquid

Laura Shin highlights a surge in DeFi activity, noting SpaceX is trading at a $2.5 trillion implied valuation on Hyperliquid.

Additional developments include Polymarket employing Nasdaq as an oracle, Grok being compromised via a Morse code tweet, and renewed security issues with blockchain bridges. Key voices in the DeFi sector, including @kaiynne, @tayvano_, and @LucaNetz, are set to discuss these major events later today.

In earlier coverage, Laura Shin reported a $12.54 billion first-quarter loss at Strategy and noted Michael Saylor’s consideration of a bitcoin sale to fund dividends in recent reporting. She also covered the CLARITY Act’s Senate Banking session and Payward’s OCC bank filing in a separate update. These reports reflect ongoing attention to major financial shifts and regulatory developments in digital assets.

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