SpaceX opens at $150 per share.
We have lift-off.
SpaceX opening price is at $150. That is down from the earlier indicative prices between $170 to $175 but still above the $135 IPO price.
Recall that Cerebras IPO opened well above its IPo price and rose to a high of $386.34. It’s shares are at $211.24. The IPO price was $185. So the market might be a little more cautious especially given the float of $75B
This article was written by Greg Michalowski at investinglive.com.