Shadow market trading signals SpaceX stock surge of over 35%

Odaily Planet Daily News The shadow market indicates a strong performance for SpaceX's stock listing, with an expected price increase of at least 35%. The company is Elon Musk's rocket, satellite, and artificial intelligence business. Derivatives offered by online broker IG International in Singapore pointed to a market capitalization of $2.4 trillion on Friday morning, implying a gain of over 35% from the initial public offering (IPO) price of $135 per share and a valuation of $1.77 trillion. (Theedgesingapore)