The first transaction price of SpaceX's listing may be postponed to noon in the Eastern United States SpaceX (SPCX) is expected to generate its first official transaction price between 11:00-13:00 Eastern Time (23:00-01:00 Beijing Time). Due to the fact that the initial price needs to be determined by the underwriting team and the exchange based on the supply and demand situation of the order book, if the buying and selling orders are imbalanced or the indicative price fluctuates greatly, the opening time may be delayed multiple times. Market insiders point out that this situation is more common in large popular IPOs, aimed at improving price discovery and liquidity quality. In history, popular IPOs such as Facebook, Snowflake, and Arm have all completed their first transactions at noon or even in the afternoon. The current IPO price for SpaceX is $135, with the latest off market indicative price being around $170-175.