SpaceX seeks $75 billion in record Nasdaq IPO (opens in new tab)
SpaceX entered the final stage of its planned Nasdaq debut, with pricing due on June 11 and trading expected June 12 under the ticker SPCX. The company plans to sell about 555.6 million shares at an expected price of $135 each, raising roughly $75 billion and valuing the rocket, satellite internet and AI business at about $1.75 trillion to $1.8 trillion. Investor demand has reached more than $250 billion, roughly 3.5 times to more than four times the planned offering size, according to report...
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