Bloomberg Analyst: Musk may use SPCX as the stock ticker for SpaceX's IPO

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Odaily Planet Daily reports: Bloomberg senior ETF analyst Eric Balchunas said on X that Musk will likely use SPCX as the ticker symbol for SpaceX’s IPO. The code was previously held by Matt Tuttle, but the related ETF has already switched tickers.

Eric Balchunas noted that the Bloomberg ETF team had already predicted this scenario in a report from last December. The discovery that this time the ticker for SpaceX’s IPO would be “SPCX” was brought up by Will Hershey, co-founder at Roundhill Investments, who previously had “given” the META code to Mark Zuckerberg, calling it “an understanding between peers.”

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