SpaceX Shares Indicated to Open at $162, Up 20% Over IPO Price

SpaceX’s newly listed shares are slated to begin trading at $162. That opening price represents a 20% premium over the initial public offering price. The indication reflects strong investor demand for the aerospace firm. Analysts note the surge underscores confidence in SpaceX’s growth prospects. The company’s valuation benefits from its launch and satellite businesses. Market participants will watch the first day’s trading volume closely. The performance may set a benchmark for future tech IPOs. Investors are expected to assess the stock’s long‑term trajectory in the coming weeks.