Clarification: IPOs in the US stock market often start trading several hours after the market opens. Currently, SPCX is still in the order matching phase.

BlockBeats News, June 12th, according to public information, the first trade of SpaceX IPO will begin a few hours after the U.S. stock market opens, currently SPCX is still in the order matching and price discovery stage. This is also why the Nasdaq's opening indicative price for SPCX has dropped from a high of $175 to $162, a price that is currently fluctuating with order matching.

Based on historical experience, large-scale IPOs usually begin trading after 12:00 pm Eastern Time.