SpaceX officially prices shares at $135 in the largest IPO ever
The offering drew more than $100 billion in retail orders and gives ordinary investors rare access through a 30% retail allocation.
- On Thursday, Space Exploration Technologies Corp. set its final IPO price at $135, with trading beginning Friday at a valuation of $1.77 trillion, making it history's largest IPO.
- Renaissance Capital strategist Matt Kennedy estimates SpaceX alone may raise more money than all U.S. IPOs in 2024 and 2025 combined, anchoring what he calls a "top-heavy" IPO boom.
- The U.S. venture secondaries market, estimated between $62.5 billion and $120.9 billion in 2025, harbors fraud risks as Anduril cofounder Matt Grimm warned of "wildcat" sellers preying on retail investors.
- Many secondary sales use "special purpose vehicles," or SPVs, which Rainmaker Securities CEO Glen Anderson said trade units rather than shares without requiring company approval, obscuring investor economics.
- The upcoming IPO will unearth how many synthetic shareholders exist in SpaceX, potentially exposing the secondary market's true scale, after Morningstar analysts wrote last week the company is "overvalued.
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The space company SpaceX of the US-Tech billionaire Elon Musk is going to be listed today. The share is to be traded on the New York-based technology exchange Nasdaq at a fixed issue price of $135.
Elon Musk's SpaceX is about to go public, and its $75 billion IPO could be the biggest ever
SpaceX, Elon Musk's company, is approaching a stock market debut that could become one of the most closely watched in years and may make history right away. According to NPR, which cited SpaceX's June filing with the Securities and Exchange Commission, the company plans to sell more than 555 million shares at about $135 each. That offering would raise $75 billion, and public trading is expected to begin Friday under the ticker SPCX. What's happe…
SpaceX is preparing to go to the Nasdaq Stock Exchange this Friday with an operation that can become the largest initial public offer in history. The aerospace company founded by Elon Musk has received more than $70 billion in purchase orders from private investors, a figure that shows the expectation raised by a company that has gone from launching rockets into space to becoming a central piece of the technological and space power of the United…
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