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SpaceX stock debut expected to pop 35% amid strong demand from shadow markets

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SpaceX stock debut expected to pop 35% amid strong demand from shadow markets.

Crypto perpetual futures and tokenized shares are already pricing SpaceX well above its $135 IPO price, signaling a frothy opening day on Nasdaq.

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Summary

SpaceX hasn’t even started trading yet, and the shadow markets have already made up their minds. SpaceX has priced its IPO at $135 per share, aiming to raise approximately $75B in what would be one of the largest public offerings in history. The crypto markets, meanwhile, aren’t waiting for the traditional bells and tickers. At a target valuation of $1.75 trillion to $1.8 trillion, SpaceX would debut as one of the most valuable companies in the world.

Read full article at Crypto Briefing →

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