Musk's SpaceX prices record US$75 billion IPO at US$135 a share
SpaceX has officially priced its IPO at $135 per share, raising $75 billion and achieving a valuation of $1.77 trillion. The company will begin trading on the Nasdaq, marking a major milestone for the space industry.
Why it matters
This is a record-breaking IPO that positions SpaceX as one of the most valuable companies in the world, surpassing many established tech and financial giants.
The IPO values the space, satellite and AI provider at US$1.77 trillion, a record for an initial offering.
The report provides factual financial data and quotes from market analysts regarding the IPO.
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