Gotrade Daily: SpaceX Debuts as SPCX, Alphabet Wins

Gotrade Research Desk
Gotrade Research Desk
Reviewed by Gotrade Internal Analyst
Gotrade Daily: SpaceX Debuts as SPCX, Alphabet Wins

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The biggest IPO in history lists tonight. The cleanest way to ride it may already sit in your portfolio.

SpaceX goes public tonight as SPCX. At $75 billion raised, it is the largest IPO ever, blowing past Saudi Aramco's old record.

The deal priced at $135 a share. Most retail investors cannot buy the listing directly, and SPCX is not yet available on Gotrade.

Read also: Gotrade Daily: Oracle Capex Shock Rattles Wall Street

So the better question is which stocks you can already trade that move with this story. One name stands out before the bell.

Tonight's Watchlist 📈

StockMovementWhat to Watch
GOOGL~$356, +15% YTDOwns ~5-6% of SpaceX (bought $900M, 2015). SPCX now reprices the stake daily, ~$7-9 per share.
TSLA~$387, -1.4% pre-marketMusk's other public company. Soft tape tests whether the SpaceX halo lifts it.
INTC~$114, +9% on the weekBofA double upgrade to Buy, target $135, matching SpaceX's IPO price.

Tonight's Catalysts 🧨

Alphabet is the quiet SpaceX winner

Alphabet (GOOGL) owns roughly 5% to 6% of SpaceX, bought for just $900 million in 2015. Once SPCX trades, that stake gets a public price every day, worth an estimated $7 to $9 per Alphabet share.

Tesla rides the Musk halo

Tesla (TSLA) is the sentiment play. It is Elon Musk's other public company, so it tends to catch the Musk halo. The caution: TSLA is soft pre-market even as SpaceX makes history.

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Intel's double upgrade stands on its own

Intel (INTC) runs on its own catalyst. Bank of America handed it a rare double upgrade to Buy and lifted the target to $135. BofA sees a foundry opportunity above $45 billion by 2030, with names like Apple and MediaTek in the pipeline.

A light Friday keeps focus on SPCX

Friday is a light earnings day. With no major prints due, the tape keys on the SPCX open and Intel's follow-through.

Pre-Market Pulse 📊

US futures point higher after Thursday's broad relief rally. Intel extends its post-upgrade run, while Tesla drifts lower. All eyes are on SPCX's opening trade and whether the proxies catch a bid.

Macro Note 📝

Thursday's risk-on came after President Trump cancelled threatened strikes on Iran. Oil fell about 4% to multi-month lows, gold slid, and the 10-year yield eased to 4.47%. That is a supportive backdrop for growth names.


SpaceX's debut is the headline, but the trade you can actually make is the read-through. Alphabet offers real, quantified SpaceX exposure today, while Intel carries its own upgrade story.

Watch SPCX's first print to set the tone, then see whether Alphabet and Intel follow. If SPCX lists strong, the accessible proxies usually feel the pull.


Ready to position before the US open? Check your watchlist on Gotrade and build your shortlist.

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Disclaimer

Gotrade is the trading name of Gotrade Securities Inc., which is registered with and supervised by the Labuan Financial Services Authority (LFSA). This content is for educational purposes only and does not constitute financial advice. Always do your own research (DYOR) before investing.


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