SpaceX IPO has secured institutional orders worth over US$10 billion, with a fundraising scale reaching US$75 billion
1 week ago / Read about 0 minute
Author:小编   

SpaceX plans to go public on Nasdaq on June 12 under the ticker symbol SPCX. The company will issue 555.6 million shares at a price of US$135 per share, aiming to raise approximately US$75 billion, corresponding to a valuation of about US$1.8 trillion. This IPO has been significantly oversubscribed, with multiple institutional investors submitting subscription orders worth around US$10 billion or more. The lead underwriting banks are expected to stop accepting institutional subscriptions at 4 p.m. on June 10 and complete pricing on June 11.