SpaceX is expected to open around $171, roughly 27% above the $135 IPO price.
Exchanges will collect orders and underwriters may delay listing until buy and
sell interest balances, so trading could begin only mid-session. Mergermarket
global equity capital markets head Samuel Kerr said the stock is likely to surge
at the open, potentially rising more than 20%, and that a smaller opening move
would be surprising.
