Polymarket's New Range Forecast for SpaceX's First Day Listing Opening Price

Odaily Seer's Prophet Channel monitoring shows that the new "SpaceX (stock code: SPCX) official opening price on the first day of listing on NASDAQ" range prediction event on Polymarket. SpaceX plans to officially land on NASDAQ on June 12th, US time. According to its compliance filing with the US Securities and Exchange Commission (SEC) in early June, the official issue price for this IPO is anchored at $135 per share, corresponding to a valuation of approximately $1.75 trillion. Although the issue price has been determined, due to institutional oversubscription orders reportedly exceeding $10 billion, market demand has driven traders' expectations of a premium for a "first day pop" on the first day. However, due to the high valuation multiplier of 90 times the market to sales ratio and intense competition in the launch vehicle market, the daily opening premium may be relatively moderate. According to the settlement rules of this event, the market will strictly settle based on SpaceX's official opening price on the first trading day of the major exchange. If the final opening price happens to fall at the intersection of two ranges, settlement will be based on the higher range. Odaily Seer's Prophet channel continues to monitor and predict the market, seeing changes before pricing.