Posted by: Frodo
« on: Today at 01:02:39 am »Then comes the main event on Friday morning. Nasdaq's market makers will begin matching buy and sell orders to find an opening price, a process that, for large, highly watched IPOs, can stretch well past the opening bell.
By Friday afternoon, the world's most valuable private company will be private no longer, and the market, not SpaceX, will set the price from then on.
Where the stock opens compared to its $135 offer price, and where the stock closes on the first day of trade, will provide judgment on whether SpaceX's market debut is an initial success.
By Friday afternoon, the world's most valuable private company will be private no longer, and the market, not SpaceX, will set the price from then on.
Where the stock opens compared to its $135 offer price, and where the stock closes on the first day of trade, will provide judgment on whether SpaceX's market debut is an initial success.

