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SpaceX began trading on Nasdaq June 12 at $150 per share and closed near $161, a 19 percent gain from the $135 offer, with market capitalization exceeding $2.1 trillion according to multiple market reports.
SpaceX has priced its initial public offering at $135 per share to raise $75 billion at a $1.77 trillion valuation with Nasdaq trading under ticker SPCX set to begin June 12.
June 9 reports from Reuters and CNBC confirm demand nearing four times oversubscribed and a targeted 30 percent retail allocation for the June 12 Nasdaq debut under ticker SPCX.
SpaceX launched a dedicated retail investor site and filed updated SEC documents confirming a $75 billion primary raise at $135 per share ahead of its planned June 11 pricing and June 12 Nasdaq debut.
June 3 reports from Reuters and CNBC confirm SpaceX will price its all-primary IPO at $135 per share to raise $75 billion at a $1.75 trillion valuation including greenshoe, with Nasdaq debut under SPCX set for June 12.
WSJ and Reuters reports on June 2 indicate a narrowed $1.75 trillion valuation including greenshoe for the all-primary offering, with pricing set for June 11 and Nasdaq debut June 12 under SPCX.
A June 1 S-1 update details a directed share program, phased lock-ups and a new water-access risk factor while leaving the June 12 timeline and valuation targets unchanged.
Bloomberg reports SpaceX has trimmed its IPO valuation target to at least $1.8 trillion while keeping the planned mega-raise intact.
