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Launch
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#On the eve of SpaceX’s listing, space-related concept stocks surged together. SPCE rose 21.7%, ASTS increased 11.7%, RKLB gained 9.3%, and RDW climbed 14.9%; after-hours trading also continued the upward trend. DXYZ, which holds equity in SpaceX, likewise jumped significantly. The market is trading expectations for SpaceX’s IPO in advance—an ultra IPO with an estimated valuation of about $1.77 trillion and the stock code SPCX. After the U.S. stock market opens tonight, SpaceX will officially begin trading.