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SpaceX Prices IPO

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SpaceX prices record IPO that could make Musk a trillionaire

SpaceX prices record IPO that could make Musk a trillionaire At US$135 a share, the offering will raise US$75 billion, making it the biggest market debut in history Elon Musk’s SpaceX on Thursday confirmed it will begin trading on the Nasdaq exchange Friday in the biggest initial public offering in history, a blockbuster market debut that could propel the entrepreneur to trillionaire status. In a filing with the US markets regulator, the company priced more than 555 million shares at US$135...

South China Morning Post 5h ago

Exclusive-SpaceX plans to set IPO price at $135 per share, targeting $75 billion raise, source says

Exclusive-SpaceX plans to set IPO price at $135 per share, targeting $75 billion raise, source says NEW YORK, June 2 : In a surprise move ahead of its investor roadshow, Elon Musk's SpaceX plans to fix its IPO price at $135 per share to raise a record-setting $75 billion, according to a source familiar with the matter. The rocket and satellite communications company plans to sell 555.6 million shares, the source said. It is aiming for a valuation of $1.75 trillion, two other people said.

Channel News Asia 9d ago

SpaceX sets $135 price for blockbuster IPO, upending Wall Street convention

SpaceX sets $135 price for blockbuster IPO, upending Wall Street convention NEW YORK, June 3 : SpaceX publicly set a $135 price for shares in its initial public offering on Wednesday, upending the longstanding Wall Street price-discovery apparatus and underscoring Elon Musk’s determination to raise record sums his way. The company’s decision to publish a price a week ahead of its landmark offering has few if any precedents among major U.S. IPOs, and reflects Musk’s standing in the financial...

Channel News Asia 8d ago

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.

NBC News 8h ago

SpaceX sets IPO price, valuing company at $1.75tn ahead of record debut

The company said on Wednesday that it plans to list its shares at $135 each. The offering would value SpaceX at around $1.77tn (€1.56tn), making it one of the world's most valuable listed companies and potentially the largest IPO in history. SpaceX says it plans to raise up to $75 billion (€66bn) in its long-awaited stock market debut, a move that would make it the largest initial public offering (IPO) on record and significantly boost the wealth of founder Elon Musk, potentially making him...

Euronews 7d ago

Musk's SpaceX prices record US$75 billion IPO at US$135 a share

Musk's SpaceX prices record US$75 billion IPO at US$135 a share The IPO values the space, satellite and AI provider at US$1.77 trillion, a record for an initial offering. SpaceX on Thursday (Jun 11) priced the biggest-ever US initial public offering at US$135 per share, making Elon Musk’s rocket and spacecraft manufacturer one of the world’s most valuable companies. The IPO raised a record US$75 billion on the sale of 555.56 million shares, valuing the space, satellite and AI provider at...

Channel News Asia 5h ago

SpaceX sets IPO price at $135

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