Polymarket releases new "SpaceX First Day of Trading Opening Price" range predictions.

According to Odaily Seer, Polymarket has added a new range prediction for SpaceX's (stock code: SPCX) official opening price on its first day of trading on Nasdaq. SpaceX plans to officially list on Nasdaq on June 12th (US time). According to its compliance filings with the US Securities and Exchange Commission (SEC) in early June, the official offering price for the IPO is anchored at $135 per share, corresponding to a valuation of approximately $1.75 trillion. Although the offering price has been determined, market demand has driven traders' expectations of a "first-day pop" due to reportedly oversubscribed institutional orders exceeding $10 billion. However, given the high valuation multiplier of 90 times price-to-sales ratio and intense competition in the launch vehicle market, the opening premium may be relatively moderate. According to the settlement rules for this event, the market will strictly settle based on SpaceX's official opening price on its first trading day on a major exchange. If the final opening price falls exactly at the intersection of two ranges, the higher range will be used for settlement. Odaily Seer continuously focuses on the prediction market, seeing changes before pricing.