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SpaceX Shares Surge 35% in Private Market Trading Ahead of Planned Listing

By בלומברג
Translated & summarized from TheMarker by baba
The story · English

SpaceX stock is jumping about 35% in so-called shadow markets ahead of the company’s expected debut on public markets. The article frames the move as part of the lead-up to what it calls the biggest IPO in history, noting that investors are closely watching the company’s path to Wall Street.

The piece does not report a finalized offer price, but says the share rally reflects strong demand ahead of trading beginning. It places SpaceX among the most closely followed companies in the market and highlights the unusual scale of interest surrounding the flotation.

The article also points readers to broader background coverage on the company’s planned listing, including what is known about the IPO process and why it matters for the market. No additional operational details from SpaceX are given beyond the price move and the anticipated market debut.

Read the original at TheMarker
Full coverage · 4 outlets
First: Calcalist · Jun 11

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