SpaceX Shares Rise 6 Percent After $1 Trillion Valuation Offering as New Leveraged ETFs Begin Trading
The leveraged ETF tracking SpaceX climbed in early trading following the company's $1 trillion valuation share sale. Two new daily products linked to the stock also began trading.
foxbusiness.comSPCX shares rose approximately 6 percent in premarket trading after SpaceX completed a $1 trillion valuation share offering. Shares of the newly public SpaceX extended gains in premarket trading after the offering. SPCH is a new daily leveraged ETF that targets +2x daily returns of SpaceX.
@Investingcom reported the $1 trillion valuation figure and the premarket movement for the newly public shares.
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