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Bloomberg Analyst: Musk may use SPCX as the stock ticker for SpaceX IPO
April 8 news: Bloomberg senior ETF analyst Eric Balchunas said that Musk is very likely to use SPCX as the stock ticker for the SpaceX IPO. The ticker had previously been held by Matt Tuttle, but the related ETFs have already switched their ticker codes.
Eric Balchunas noted that the Bloomberg ETF team had already predicted this scenario in a report from last December. The discovery that this SpaceX IPO ticker would be “SPCX” was proposed by Roundhill Investments co-founder Will Hershey, who previously “gave” the META ticker to Mark Zuckerberg, calling it “a gentleman’s agreement between peers.”