SpaceX options will begin trading next Tuesday

According to Jinshi reports, SpaceX (SPCX.O) options contracts will begin trading next Tuesday, and the company's stock started trading today. SpaceX raised $75 billion at a valuation of $1.765 trillion, with the stock opening at $150, higher than the IPO issue price of $135.

A spokesperson confirmed that the options will be traded on exchanges including the Chicago Board Options Exchange (CBOE) and Nasdaq. These derivatives may see strong demand as they provide investors the opportunity to bet on the stock's future performance or hedge against the risk of a decline in stock price. A surge in options trading volume could further increase demand for stock trading.