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SpaceX IPO: First Indicative Price At $174 Per Share

Benzinga·
SpaceX IPO: First Indicative Price At $174 Per Share

SpaceX completed the largest IPO in history, pricing 555.6 million Class A shares at $135 per share and raising $75 billion, valuing the company at $1.77 trillion. The offering was four times oversubscribed with $250 billion in total demand. On its first trading day, SpaceX indicated an opening price of $174 per share, representing a 29% premium to the IPO price and potentially adding $215 billion in market cap.

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