SpaceX IPO Called By Crypto Bettors

SpaceX is set to make its public market debut on Friday, June 12, 2026, on the Nasdaq under the ticker SPCX, in what is expected to be the largest IPO in history. The company has priced its offering at 135 dollars per share, plans to sell roughly 555.6 million Class A shares, and is targeting around 75 billion dollars in proceeds at an implied valuation near 1.77 trillion dollars. That would dwarf Saudi Aramco's 29.4 billion dollar haul from its 2019 listing. Ahead of the open, crypto-based prediction market Polymarket is pricing in a strong pop. Traders are assigning roughly a 48 percent probability that SPCX opens between 150 and 200 dollars and a 41 percent probability that it opens between 200 and 250 dollars, with bettors largely ruling out an open below 100 dollars. A separate Polymarket contract is pricing in a 94 percent chance the stock opens above its 135 dollar IPO price. At 135 a share, Elon Musk's SpaceX stake could be worth somewhere in the 780 to 840 billion dollar range depending on his exact post-IPO ownership, and combined with his Tesla (NASDAQ: TSLA) holdings, the listing could push his net worth toward 1.1 trillion dollars and make him the world's first trillionaire. Wall Street opinion is split. Morningstar pegs fair value closer to 63 dollars per share, while New Street Research has set a 165 dollar 12-month target with a bull case as high as 330 dollars. #SpaceX #SPCXIPO #ElonMusk 🖥️ Try Benzinga Pro FREE with a 14 day trial: https://www.benzinga.com/pro/register 📈 Take your trading to the next level with our suite of premium research services and tools: https://www.benzinga.com/services 🌐 Find more market-moving insights at https://www.benzinga.com — your one-stop destination for the latest financial news, data, and expert analysis to stay ahead of the markets. 📲 Follow us on socials @benzinga ------------------------------------------------------------------------------------ 🔹Free Benzinga Webinars: https://www.youtube.com/watch?v=LQ2jOJNkDfI&list=PL4k0fH8EgI3YTdqniRmxrvz97w3IQ61rD 🔹Benzinga Pro Tutorials: https://www.youtube.com/watch?v=a2FaHhLIrks&list=PL4k0fH8EgI3YMwoBMFXGvVMkgixFymmei&pp=gAQB 🔹Earnings Calls: https://www.youtube.com/watch?v=C2-AoCw64Ok&list=PL4k0fH8EgI3buZI5529R53wJUNd9NS4_s 🔹Premarket Playbook: https://www.youtube.com/playlist?list=PL4k0fH8EgI3ZVRPM7INpG--GvohnBVTnT 🔹Benzinga's All Access: https://www.youtube.com/playlist?list=PL4k0fH8EgI3bQSn91atO-3lPT4V6Nwsmh 🔹Subscribe To The Channel: https://www.youtube.com/@Benzinga ------------------------------------------------------------------------------------ ⚠️ Disclaimer: Investing in financial markets carries risk, and there are no guaranteed returns. All information is for educational purposes only and should not be taken as financial advice. Always do your own research and speak with a qualified financial advisor before making investment decisions. Only invest what you can afford to lose. Past performance does not guarantee future outcomes. #StockMarket #StockMarketNews #Trading #StockMarketLive #Stocks #stocktrading #learntotrade #DayTrading #StockMarketToday