SpaceX shares will trade under the ticker “SPCX” when they debut on the public market next week.
Until recently, the ticker belonged to Tuttle Capital Management’s SPAC and New Issue ETF.
SpaceX paid to secure the ticker symbol ahead of its anticipated initial public offering.
The move ensures the rocket company’s stock will be easily identifiable to investors.
Tuttle Capital Management voluntarily relinquished the ticker for the transaction.
The deal highlights growing interest in SpaceX’s financial prospects among traders.
SpaceX’s IPO is expected to draw significant attention from retail and institutional investors.
The company has not disclosed the financial terms of the ticker arrangement.
Tuttle Capital rebranded its ETF under a new ticker symbol following the agreement.
