Many are asking why is SpaceX, $SPCX, NOT trading yet?
Here's exactly how the IPO process works and when the shares will be available to trade (Bookmark this):
The IPO was quoted at 9:50 AM ET and was expected to begin trading at 10:00 AM ET, but that does NOT guarantee shares will trade at that time.
Before trading begins, Nasdaq must complete a price-discovery auction where buy and sell orders are collected and matched.
At around 9:50 AM ET, "first indications" came out which are essentially a "gauge" of where the stock will open.
The first indications on $SPCX came in at $175/share, or a ~30% premium to the $135/share IPO price.
During this process:
1. Orders are entered, but no trades occur yet
2. Nasdaq continuously updates the indicative opening price
3. The opening price is adjusted until supply and demand are balanced
4. Only then does the opening auction occur and the first trade print
For major IPOs, delays are common such as Google in 2004 and Meta in 2012 which saw their first trades over 2 hours after the US market opened.
We expect the SpaceX IPO to open for trading within the next 60 minutes.
Buckle up for a historic day.
Educational post explaining SpaceX (SPCX) IPO mechanics and price-discovery auction process. Notes first indications at $175/share (~30% premium to $135 IPO price) and anticipates trading to begin within 60 minutes. No personal buy/sell recommendation—purely procedural commentary on a high-profile IPO event.
Author provides factual IPO process explainer with no directional view. External data shows IPO priced at $135 with early indications at $175 (~30% premium), consistent with post. Recent news includes both skeptical pieces ('Why I'm Not Buying') and procedural coverage. Post is educational/observational, not advocating a position—phrases like 'Buckle up for a historic day' reflect event significance rather than bullish conviction. No fundamental catalyst or valuation argument provided, so confidence remains low.
关键要点
SpaceX IPO quoted at 9:50 AM ET, expected trading at 10:00 AM ET but delayed for Nasdaq price-discovery auction
First indications came in at $175/share, a ~30% premium to the $135 IPO price
Major IPO delays are common (Google 2004, Meta 2012 saw 2+ hour delays)
Author expects trading to open within next 60 minutes
