r/stocks
[NYTimes] Early signs show that SpaceX’s stock could open $170-175 a share for trading, higher than it’s IPO price of $135 a share
Signs and analyst targets suggest SpaceX stock could open well above its $135 IPO price, potentially between $170 and $175.
- Early trading indications suggest the stock could open between $170 and $175, well above the $135 IPO price.
- Analysts have set price targets ranging from $165 to $227, indicating upside potential from the offering price.
According to NYT live reporting:
There are early signs that SpaceX’s stock could open higher than the price set last night during its I.P.O. of $135 per share.
Early indications point to a range of $170 to $175 a share for trading, according to a person familiar with the discussions.
That’s just an indication though. A team at Morgan Stanley will spend the next few hours matching up buyers and sellers and gauging interest at various price points before the stock officially opens for trading.
Stock analysts have begun to give their opinions on SpaceX. Timothy Horan, an Oppenheimer analyst, priced the stock at $190, up 40 percent from the offering price. Rob Chang at KGI Securities went further, targeting a price of $227, or a rise of 68 percent. Analysts at New Street Research were more conservative, targeting a price of $165 when the stock starts trading.
https://www.nytimes.com/live/2026/06/12/business/spacex-ipo-elon-musk/ce15683a-a65d-5a54-8f33-f6343cc414df?smid=url-share