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IPO Priced at $135, Prediction Markets Feverishly Bet on $150-$200 Opening

IPO Priced at $135, Prediction Markets Feverishly Bet on $150-$200 Opening

TradingKey – SpaceX’s official trading start time has been delayed by half an hour, as prediction markets bet on a high opening for SPCX on its first day, with an opening price range of $150-$200.

On June 12, Eastern Time, Elon Musk’s space technology company SpaceX (SPCX) is set to debut on the Nasdaq. In the pre-market session, prediction markets are betting heavily on its opening price. According to data from Polymarket, the probability of SpaceX opening between $150 and $200 has surged by over 33%, currently reaching 83%.

Spacex-ipo-441114d951b743bda493623b4366196dUser bets on SpaceX’s opening price, Source: Polymarket

Yesterday, after the market close, SpaceX officially confirmed its IPO price at $135 per share, with a valuation reaching $1.75 trillion to $1.78 trillion,…

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