SpaceX IPO sticks the landing. Here's what investors are saying about its epic first trading day
Despite a large retail allocation and huge volume, volatility was moderate
Despite a large retail allocation and huge volume, volatility was moderate
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Despite a large retail allocation and huge volume, volatility was moderate
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SpaceX set a fixed price of $135 per share in the leadup to its IPO on Friday, placing its valuation at $1.77 trillion. Shares rallied more than 25%.
The successful debut of Elon Musk's rocket company wiped away a week of anxiety. Grouped from 6 articles across 3 sources.
SpaceX "proxy stocks," whose options volumes were booming ahead of Friday's historic initial public offering, are unwinding gains.
If you're looking for something a little more terrestrial, there's one stock that investors are overlooking.
"There's a ton of short-dated call buying in these names as a way to get long SpaceX," Danny Kirsch, head of options trading at Piper Sandler, said.
With SpaceX seeking an IPO valuation of nearly $1.8 trillion, early bets are poised to generate some of the biggest paper gains in venture capital history.