Shadow Markets Signal SpaceX Could Debut at $2.4 Trillion Valuation, 35% Above IPO Price
By
Abhishek Vishnoi
Summary
Shadow markets are pricing a SpaceX stock debut at a valuation of $2.4 trillion, implying a gain of more than 35% from the IPO price of $135 per share and a $1.77 trillion valuation. Derivatives offered by IG International indicate strong investor anticipation for Elon Musk's rocket, satellite, and AI company's public market debut.
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Key quotes
· 2 pulledShadow markets are pricing a blockbuster SpaceX stock debut, indicating a pop of at least 35% for Elon Musk's rocket, satellite and AI company.
Derivatives offered by online brokerage IG International pointed to a market value of $2.4 trillion Friday morning in Singapore, implying a gain of more than 35% from a price of $135 a share and valuation of $1.77 trillion in the initial public offering.
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