SpaceX lowers IPO valuation target, prediction markets still forecast high potential
Despite SpaceX reducing its initial public offering (IPO) valuation from $2 trillion to at least $1.8 trillion, prediction market traders are still forecasting a strong debut with an over 70% chance of the company closing above $2 trillion in value on its first day of trading. The IPO is expected to raise up to $75 billion and begin trading around June 12.
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Topics: IPO valuation prediction markets SpaceX stock market debut