SpaceX to Launch IPO on June 12 with $135 Share Price and Record Market Cap
SpaceX is set to debut its initial public offering (IPO) on the Nasdaq under ticker symbol SPCX, priced at $135 per share. With a market capitalization of approximately $1.77 trillion based on 13.1 billion shares outstanding, it will be the largest IPO in history. Despite strong demand from investment banks and an expected first-day pop due to historical trends, long-term underperformance relative to the S&P 500 is likely.
Tickers: $SPCX