SpaceX IPO Soars 49% in Week, Options Volume Explodes Despite Losses
SpaceX priced its IPO at $135, opened at $150, closed first day at $160.95 and has rallied nearly 50% in its first trading week. The rapid surge sparked exploding options volume and bubble concerns despite continued net losses and no defined path to profitability.
1. IPO Pricing And Initial Surge
SpaceX launched its IPO at $135 per share, opened at $150 and closed its first trading day at $160.95, delivering a 19% first-day gain and nearly 50% rally within five trading sessions.
2. Options Market Surge
The company’s market debut triggered a surge in options trading, with call and put volumes skyrocketing as speculators placed high-risk bets on continued post-IPO volatility.
3. Profitability Prospects And Bubble Concerns
Despite the valuation leap, SpaceX is still reporting net losses and has not provided a clear profitability timeline, prompting comparisons to past tech bubbles and concerns over sustainability ahead of a key December test.
