Lates News

Options contracts for SpaceX (SPCX.O) will begin trading next Tuesday. The company's stock started trading today. SpaceX, valued at $1.765 trillion, raised $750 billion with its 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 future movement of the stock or hedge against the risk of a price decline. Increased trading volume in options could further boost demand for the stock.