SpaceX IPO Priced at $135, Targets Record $75B Raise and $1.75T Valuation
Tom Rudovsky · Reported by Reuters
More coverage: Technology
Sentiment
Positive
Importance
9
Price
0
Mkt Cap
0
52W Low
0
52W High
0
52W Position
Off High
Rel. Volume
Market data snapshot near publication time
Summary
SpaceX has set its initial public offering price at $135 per share, aiming to raise a record $75 billion. This deal would value the company at $1.75 trillion, immediately placing it among the top 10 most valuable U.S.-listed firms. The company is upending Wall Street conventions by publicly setting the price a week ahead of its offering and plans to give retail investors a larger role. An investor roadshow begins Thursday, with pricing expected on June 11 and trading on Nasdaq to commence on June 12.
This news item was assessed with positive market sentiment and an importance score of 9 out of 10. Source: Reuters.
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