Svmuu News Bloomberg senior ETF analyst Eric Balchunas stated on platform X that Musk is likely to use SPCX as the stock ticker for SpaceX's IPO. This ticker was previously held by Matt Tuttle, but the related ETF has undergone a ticker change.
Eric Balchunas pointed out that the Bloomberg ETF team had predicted this scenario in a report as early as last December. The discovery of the "SPCX" ticker for this SpaceX IPO was proposed by Will Hershey, co-founder of Roundhill Investments, who had previously "ceded" the META ticker to Mark Zuckerberg, calling it "a tacit understanding among peers."