U.S. Stock Futures Rise Ahead of SpaceX (SPCX) $75 Billion IPO

AI Summary

U.S. stock futures increased, with S&P 500 and Nasdaq 100 futures both up 0.2%. The Dow Jones Industrial Average gained 59 points, or 0.1%. On Thursday, the S&P 500 rose 1.75% and the Nasdaq Composite increased by 2.54%. SpaceX plans to debut on the Nasdaq under the ticker SPCX with a fixed price of $135 per share, valuing the company at $1.77 trillion and aiming to raise $75 billion, the largest IPO in history. This considerable offering may impact market volatility and investor positioning.