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SpaceX Locks IPO Price at $135 Per Share, Plans June 12 Nasdaq Debut with $1.77T Valuation

GateNews
Stocks
SPCX-1.29%
According to updated regulatory filings, SpaceX has locked in its IPO pricing at $135 per share on June 3, targeting a June 12 Nasdaq debut under ticker SPCX. The company will issue approximately 556 million shares, raising roughly $75 billion and valuing the aerospace firm at approximately $1.77 trillion based on fully diluted shares. This surpasses the record previously held by Saudi Aramco, which raised $29 billion at a $1.7 trillion valuation during its 2019 IPO, making SpaceX's offering the largest in history by valuation.
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SpaceX’s biggest IPO in history: offering price of $135 and valuation of $1.77 trillion, with Musk holding super voting rights

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