SpaceX remains in pre-launch status and has not yet begun trading. Shares are expected to open at around $175 on Nasdaq, compared with the IPO price of $135 per share. Delaying the start of trading for large IPOs is a standard procedure designed to ensure a smooth market debut.

• A key part of the process is determining the opening price, which aims to balance buy and sell orders as closely as possible.
• Investment banks are assessing demand for SpaceX shares at various price levels before trading begins.
• The goal is to avoid a sharp sell-off immediately after the debut and ensure a…