Space Exploration Technologies Corp. is trading 23.6% up at $166.83 in pre-market, extending its powerful post-IPO momentum as Tradr prepares to launch 2x leveraged ETFs tied to the stock.
- The new leveraged ETFs are scheduled to begin trading June 15 on the Cboe, which is expected to increase trading access and speculative interest.
- The price action follows the company's record-breaking IPO and a rapid valuation surge as investor demand remains high.