News Summary

• Pre-IPO trading in derivatives linked to SpaceX indicates a gain of anything between 30% and 50% for Elon Musk’s rocket, satellite and AI company.
• Retail investors have submitted more than $100 billion in orders for the listing, Bloomberg reported on Thursday.
• The median first day rise in shares for last 66 technology companies to list in the US, including Meta, Twitter, Zoom and Robinhood, was 36%.