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SpaceX sets its IPO price at $135 per share a day before trading begins
SpaceX on Thursday set its final IPO price at $135, the last stage in a long running process to bring Elon Musk’s space and AI conglomerate public. The company, which also owns the X social media network, will begin trading on Friday at a valuation of $1.77 trillion. The IPO, which could be a referendum on Musk himself, is also going to be the latest major test of red hot demand for the artificial intelligence boom and the mechanics of the market itself.