Per Woofun AI, SpaceX options commenced active trading on June 16, offering investors a new mechanism to hedge risk or speculate on the valuation of Elon Musk's aerospace firm. This derivative market launch coincides with significant equity momentum, as SpaceX shares surged more than 17.21% intraday before settling with a gain of nearly 10%. Consequently, the company's market capitalization expanded beyond $2.969 trillion, briefly eclipsing Microsoft's valuation of $2.948 trillion and positioning SpaceX closely behind industry giants Apple, Google, and Nvidia.

Initial trading activity indicated strong bullish sentiment among participants. Within the first 10 minutes of market open, approximately 115,000 option contracts were executed, yielding a call-to-put ratio of 1.7:1. This imbalance suggests that traders are predominantly positioning for further upside, leveraging options to amplify exposure to the newly listed stock's volatility.