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Bloomberg analyst: Musk may use SPCX as the stock code for SpaceX's IPO

Apr 8, 2026 09:25:09

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Bloomberg senior ETF analyst Eric Balchunas stated that Musk is likely to use SPCX as the stock code for the SpaceX IPO, which was previously held by Matt Tuttle, but the related ETF has undergone a code change.

Eric Balchunas pointed out that the Bloomberg ETF team had predicted this situation as early as a report last December, and the discovery of the stock code "SPCX" for the SpaceX IPO was proposed by Roundhill Investments co-founder Will Hershey, who had previously "given" the META code to Mark Zuckerberg, referring to it as a "mutual understanding among peers."

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