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SpaceX options will begin trading next Tuesday
BlockBeats News, June 13 — SpaceX's options contracts will begin trading next Tuesday, and the company's stock started trading today. SpaceX raised $75 billion at a valuation of $1.765 trillion, with the stock opening at $150, higher than the IPO price of $135.
A spokesperson confirmed that the options will be traded on exchanges including the Chicago Board Options Exchange (CBOE) and Nasdaq. These derivatives may see strong demand as they give investors the opportunity to bet on the stock's future movement or hedge against a decline in stock price. A surge in options trading volume could further boost stock trading demand. (Jin10)