SpaceX Options to Begin Trading Next Tuesday

06/12 18:25

On June 13, options contracts for SpaceX (SPCX.O) will begin trading next Tuesday, with the company's stock having started trading today. SpaceX raised $75 billion at a valuation of $1.765 trillion, opening at $150, above the IPO issue price of $135. A spokesperson confirmed that the options will trade on exchanges including the Chicago Board Options Exchange (CBOE) and Nasdaq. These derivatives may see strong demand as they provide investors the opportunity to bet on the stock's future movements or hedge against the risk of a price decline. A surge in options trading volume could further boost demand for stock trading.

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