SpaceX (SPCX) has experienced a significant pullback, declining over 10.3% in a single day on the Hyperliquid platform to trade at $156.93. This marks a 22% drop from its historical high of $225.64 recorded on June 16. The 24-hour trading volume for SPCX reached $338 million, with open interest standing at $178 million, positioning it as the third most traded individual stock asset after Micron and SK Hynix. The decline in SPCX has widened floating losses on high-leverage long positions, as traders face increased pressure from the asset's correction. The substantial trading activity highlights the volatility and investor interest surrounding SpaceX's stock performance.