SpaceX Is A Public Company Now, So Why Is SPCX Stock Not Trading Yet?
SpaceX opened its first day as a public company with indications near $171 per share, about 27% above its $135 offer price. However, SPCX has yet to print a single trade on Nasdaq one hour later. The holdup is procedure, not malfunction. Nasdaq must finish a price discovery auction before a new listing opens, and...
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