SpaceX Sets $135 IPO Price, Challenging Wall Street Norms
SpaceX announced its initial public offering (IPO) price at $135 per share, aiming to raise a record $75 billion and value the company at $1.75 trillion. This move defies traditional Wall Street practices by setting the IPO price in advance rather than through conventional investor negotiations.
Topics: Elon Musk IPO SpaceX Valuation Wall Street