LIVE. Countdown to IPO of space company SpaceX: “Shares could rise 35 percent today” | News

SpaceX’s IPO on Wall Street will be the largest ever. The rocket, satellite and artificial intelligence company is aiming for a valuation of 1.6 trillion euros and wants to raise $75 billion with the IPO.

SpaceX notes technology stock exchange Nasdaq and has like ticker SPCX.

The American stock markets appear to be heading for a higher opening soon. Investors are hoping for an impending end of the conflict in the Middle East, and look forward to the IPO of Elon Musk’s space company SpaceX, the largest IPO in history from Wall Street.

Anyone who subscribed to the SpaceX IPO through Fidelity would better hold onto those shares for a while.

Asset manager Fidelity, one of the largest financial players in the world, has announced that those who sell their shares too quickly to take profits risk being excluded from future IPOs of other shares.

You sell through Fidelity within 15 days after the IPOthen that could have consequences. For example, anyone who sells too early for the first time will be blocked from subscribing to new IPOs for 6 months and anyone who makes a mistake twice will be blocked for a year and anyone who makes a mistake a third time will never be allowed to subscribe to new IPOs via their platform again.

“It is an American asset manager, so Belgians should not immediately be afraid. But it is It’s striking that they want to scare people to make a quick profit. That could put pressure on the share. With this warning they want to prevent the share from falling quickly,” explains HLN money expert Chris Sugira.

“Until Wednesday, investors could subscribe to the IPO. This means that they could indicate how many shares they would like to buy, even before the share was actually listed on the stock exchange,” explains HLN money expert Chris Sugira. “Unfortunately, the Belgians couldn’t do that registration period is now over.”

But you can already place an order with your broker. You do best with a limit order and not with a market orderaccording to our money expert. “If you want to buy a SpaceX share in the future, it is best to place a limit order. You determine in advance the maximum price you want to pay, so that you do not unexpectedly tear your pants. Please note, if no one accepts your price, there will be no transaction.”

There is a chance that there will still be some at the start of the fair No price immediately available is for the share. The stock is going public at $135 each, but due to high demand and low supply, that price could immediately rise.

“The banks involved in the IPO must match supply and demand so that they become one opening price can come. But that may take some time. That’s why we probably won’t see an opening price immediately. But I expect that rate to be higher than the $135 that is now being said.”

The stock markets are trading at a profit on Friday. In Brussels the Bel20 star index even broke his record shortly after opening. The previous record of the Bel20 dates from February 19, with a peak of 5,691.58 points.

Investors are attracted to the strong price gains on Wall Street Thursday evening, after US President Donald Trump called off planned attacks on Iran and hinted at a peace deal. In addition, investors are looking forward to the IPO of Elon Musk’s space company SpaceX later today in New York. This IPO will be the largest ever.

Also others European stock exchanges their advance continues. The Amsterdam main index AEX was 0.5 percent higher on Friday shortly after the market opened. The stock exchanges in Frankfurt, London and Paris rose to 1.4 percent.

SpaceX’s upcoming IPO could make Elon Musk the world’s very first trillionaire, both in dollars and euros. ‘Trillionaire’, the Americans say, because to them one billion is already called ‘a billion’. How astronomically large is Musk’s net worth today? How did he put that together? And what can you do with it? The numbers in our ‘Muskmeter’ will make you dizzy (+).