SPCX has experienced a 5.08% decline over the past 12 hours, with its price currently at $155. This drop comes as large short positions have set their moving average at $169. Hyperinsight reports that SPCX's 24-hour trading volume on Hyperliquid is approximately $932 million. In related news, SpaceX, which is associated with SPCX, is gaining attention for its strategic shift towards AI, securing new contracts, and its first U.S. bond issuance. The bond offering has attracted significant interest, with $89 billion in subscriptions.