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SpaceX to List in US on Fri; 'Shadow Mkt' Signals 35%+ Share Upside
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SpaceX will list in the US on Friday (12th), with an offer price of USD135 per share, implying a valuation of USD1.77 trillion.

The company’s market cap hit USD2.4 trillion on the Singapore market on Friday morning, according to derivatives provided by Singapore-based online brokerage IG International, suggesting that the "shadow market" is pricing in a share price increase of more than 35% above the offer price.

Related NewsCore PPI YoY for May in the United States is 4.9%, unchanged from its last period. The forecast was 5.4%.

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