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6/12
11:34
Svmuu reported that SpaceX (SPCX) pre-market bid and ask prices have both fallen to $157, approximately 16% above the IPO price of $135, after previously hitting a high of $175.
11:13
Svmuu reports that Bybit stated on X platform that due to xStocks' inability to deliver the underlying assets and its failure to secure SpaceX shares, users who have subscribed through the platform will not receive any SpaceX allocation. All subscription funds will be automatically returned to the original funding accounts without any action required from users. Refund details can be viewed on the IPO Express page.
As a token of appreciation for users' patience and support, eligible participants will also receive an additional reward, calculated at a 10% annualized interest rate for a fixed term of 4 days. The reward will be automatically credited to user accounts.
11:06
Svmuu News: Bitget Wallet has issued a statement regarding the subscription for the SpaceX tokenized IPO, stating that due to unforeseen market factors, the tokenized IPO shares cannot be distributed to users. Bitget Wallet will issue a full refund in USDT tonight to the Solana address registered by users during subscription. The refund will cover the subscription principal and the 5% handling fee.
Bitget Wallet also stated that it will continue to expand its tokenized IPO business in the future. The addresses of users who participated in this subscription will be automatically added to a whitelist, granting them priority subscription rights for future tokenized IPOs. In addition, as compensation, the platform will airdrop GetGas worth 10 USDT to each participating address, which can be used to offset Gas fees for stock trading in the coming month.
11:00
Svmuu reports that according to OKX market data, BTC has broken through 64,000 USDT and is now quoted at 64,022 USDT, with a 24H increase of 2.12%.
10:57
Svmuu News: Iran’s Foreign Minister stated that the Islamabad Memorandum of Understanding has never been closer to conclusion than it is now. The media should refrain from speculating on its content until it is finalized. (Jinshi)
10:51
Svmuu reports that according to OKX market data, DOGE briefly broke through 0.09 USDT and is currently trading at 0.0898 USDT, with a 24-hour increase of 5.26%.
10:48
Svmuureports, according to Zhitong Finance, that this IPO has brought wealth to many SpaceX employees, with some making significant profits and others earning substantial sums. Employees had already held large amounts of company stock at low prices long before the IPO price was set at $135 per share. However, SpaceX President Gwynne Shotwell does not believe that a large number of employees will cash out and leave after seeing the IPO gains in their securities accounts. 
Shotwell stated in an interview: "There are already many wealthy employees in the company who have remained committed to their work. Anyone who lacks the will to keep striving was probably never a good fit for this company in the first place."
10:39
Svmuu: SpaceX (SPCX.O) U.S. stock IPO first-day indicative opening price reported at $172, with its IPO offering price set at $135 per share.
10:31
Svmuu reported that informed sources reveal SpaceX's opening reference price range is set at $170 to $175. The IPO offering price is set at $135 per share. Before the official trading of new shares begins, traders will continuously refer to the intraday estimated price range, which will be constantly updated as buy and sell orders are added and adjusted. The stock is expected to officially begin trading later on Friday. (Jinshi)
10:25
Svmuureported that Nata, an official from Kraken, stated on the X platform that Kraken did not receive the expected Pre-IPO quota from SpaceX's underwriters, resulting in only partial fulfillment of customer orders today. Unfulfilled portions will be fully refunded with no fees charged.
Today, Kraken launched trading of SpaceX equity and tokenized SpaceX (SPCXx) for eligible clients on its platform. Demand for SpaceX Pre-IPO access on xStocks has been extremely high. IPO quotas are entirely determined by the issuer's underwriters, and global demand for this issuance has been exceptionally strong.
Payward is well-positioned to secure IPO quotas, having attracted over $1 billion in Pre-IPO demand during the week before the listing. Clients will be notified in the coming weeks about opportunities to participate in future IPO Access offerings. Following SpaceX's public listing, Kraken will list SpaceX equity and xStock for eligible clients today. xStocks remains the only platform offering continuous trading of tokenized SpaceX, with trading also available during the first post-listing weekend.
10:21
Svmuu News: According to an official announcement, to meet users' round-the-clock trading needs, Bitget Stock Spot (rToken) has officially launched its weekend trading feature. The first batch supports 20 popular U.S. stock options, including rAAPL (Apple), rNVDA (NVIDIA), and rTSLA (Tesla).
During U.S. stock market closures, the platform will generate continuous weekend trading prices based on Friday's closing prices, market maker quotes, and market expectations. This feature supports limit orders and stop-loss/take-profit settings. To prevent abnormal fluctuations, the system implements an approximate ±20% protection limit for weekend limit orders.
rToken, identified by the letter "r" followed by the stock ticker (e.g., rNVDA for NVIDIA), is issued by Reality, a licensed RWA protocol under Bitget. Through a partnership with compliant broker Alpaca, it connects directly to global liquidity pools such as Nasdaq and the New York Stock Exchange. Its features include: 1:1 reserves of the underlying assets held by a licensed custodian, stock dividends distributed 1:1 in token form, corporate actions such as stock splits and reverse splits synchronously reflected, and holdings can be used as joint margin for unified accounts and U-margined contracts, allowing users to flexibly manage funds while holding global stock assets.
10:17
Svmuu: Nasdaq expects SpaceX (SPCX.O) to start trading soon.
10:16
Svmuu reported that, according to market sources, the subscription quota for SpaceX tokenized stock SPCX on the xStocks platform has been "far, far less than expected," with related allocations significantly reduced.
10:10
Svmuu News: Analyst Ludlow asks, “Why is it so important that the retail allocation for SpaceX was set at 20% rather than closer to 30%?” During SpaceX’s IPO process, insiders repeatedly emphasized to me that it is retail investors who are carrying out this mission. Specifically, SpaceX management believed that retail investors would hold the stock for the long term, just as the large number of retail investors who form Tesla’s core investor base have done. Demand from retail investors reached as high as $100 billion, resulting in extremely severe oversubscription. Consequently, the market is now flooded with a large number of disappointed investors. (Jin Shi)
10:02
Svmuu reported that the frenzy surrounding SpaceX stock has already begun on Friday. The stock's opening price is expected to be around $171 per share, up about 27% from the IPO pricing of $135. As exchanges need to collect buy and sell orders and underwriters delay the trading until supply and demand are balanced, the stock trading is not expected to begin until the middle of the trading day.
Samuel Kerr, head of global equity capital markets at Mergermarket, said: "Given the intensity of this trading event, we expect SpaceX shares to spike immediately upon opening, possibly by more than 20%. If the increase falls below that level, I would actually be uneasy." (Jin Shi)
09:57
According to MSX.COM data, U.S. space concept stocks continue to decline, with Intuitive Machines down 10.3%, Planet Labs down 7.8%, Rocket Lab down 8.8%, Satellogic down 9.8%, Virgin Galactic down 25.1%, and Redwire down 10%.
09:52
Svmuu: SpaceX(SPCX.O) opening indication price on the first day of listing rose 29% from the IPO price. (Jinshi)
09:51
Svmuureports that despite Trump's claim that the US has ended its war with Iran and reached an understanding with Tehran, Dr. Hellyer, a Senior Associate Fellow at the Royal United Services Institute, warns that a real agreement is still a considerable distance away. Trump stated on Thursday that both sides had agreed to a "very strong memorandum of understanding" to halt the fighting, leaving room for subsequent negotiations. Iran, however, stated that it has not yet made a decision.
Dr. Hellyer pointed out that both parties are far from reaching a comprehensive agreement. "This is just a memorandum under discussion, not a real agreement," he said. "Neither the US nor Iran has indicated that they will reach a deal at this stage. The memorandum is merely a starting point for negotiations, leaving all the thorny issues to be resolved later." (Jinshi)
09:47
Svmuu reports that closed-end funds holding SpaceX stock have declined, with Fundrise Innovation falling 6.3% and Destiny Tech100 dropping 7%. (Jin Shi)
09:45
Svmuu reported that SpaceX's IPO has reportedly attracted over $250 billion in institutional subscriptions.

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