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Polymarket Launches 'Will SpaceX Open Higher on Its Second Trading Day After Listing?'

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Odaily Seer monitoring channel reveals that Polymarket has launched a prediction event titled 'Will SpaceX (stock ticker: SPCX) open at a price greater than or equal to its first-day closing price (i.e., open higher on the second trading day) after listing on Nasdaq?' SpaceX officially submitted its S-1 IPO prospectus on May 20 and plans to debut on Nasdaq on June 12, Beijing time. This IPO breaks tradition by directly issuing shares at a fixed price of $135 per share, aiming to raise $75 billion with a valuation as high as $1.75 trillion. Market traders are divided in sentiment: bullish positions on the second-day higher opening are primarily supported by strong revenue dividends from Starlink and the imaginative potential of the space orbital data center and computing power brought by the February 2026 merger with xAI (restructured as SpaceXAI). On the other hand, cautious short positions are mainly concerned about its rolling price-to-sales ratio (P/S) of 90x, significant losses from AI operations, and the amplifying effect of Elon Musk's dual-class share structure on stock price volatility during the initial listing period. Odaily Seer monitoring channel continues to track prediction markets, observing changes before pricing.

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