Where Will SpaceX's Price Be in September? Here's What the Options Market Says.
SpaceX stock has advanced in the double digits since its IPO.
Overview
Space Exploration Technologies (NASDAQ: SPCX), led by innovative founder Elon Musk, has wowed investors with its position in the exciting spaces of rocket launches, connectivity, and artificial intelligence (AI). And thanks to SpaceX's recent initial public offering, investors have the opportunity to get in on this growth story.
The industrial and tech giant launched a record operation earlier this month, raising more than $85 billion after an overallotment option in what is now the world's biggest IPO. And the stock has climbed in the double digits from its IPO price of $135. Musk says the company has reached an important growth phase -- and he even completed a $25 billion bond sale in recent days to raise additional funds.
Details
Now, whether you're a SpaceX shareholder or considering a position in the stock, you might be wondering what's next for the stock price after the recent positive debut. Where will SpaceX's price be in September? Let's check out what the options market says.
Source
Originally published at www.fool.com.