Polymarket now offers a prediction range for the opening price of SpaceX on its first day of listing

Odaily Seer monitoring shows that Polymarket has launched a new prediction event for the opening price range of SpaceX (ticker: SPCX) on its first day of trading on the Nasdaq.

SpaceX is scheduled to officially list on Nasdaq on June 12 (U.S. time). According to its compliance filing submitted to the U.S. Securities and Exchange Commission (SEC) in early June, the official IPO price has been set at $135 per share, corresponding to a valuation of approximately $1.75 trillion. Although the offering price has been determined, institutional oversubscription orders are reportedly exceeding $10 billion, fueling market expectations for a premium from the "first-day pop." However, given the high valuation multiple of 90 times price-to-sales and intense competition in the rocket launch market, the first-day opening premium may be relatively moderate. Under the event's settlement rules, the market will strictly settle based on the official opening price of SpaceX on its first trading day on the primary exchange. If the final opening price falls exactly at the boundary between two ranges, the higher range will be used for settlement.

Odaily Seer remains focused on prediction markets. See the change before the price is set.