On June 12, SpaceX made its official debut on the Nasdaq stock exchange, establishing an initial reference price range for its opening at $170 to $175 per share, while setting the issue price at $135 per share. Prior to the official commencement of trading for these new shares, the estimated intraday price range will undergo updates to reflect fluctuations in buy and sell orders. The official opening is anticipated to take place later on Friday. This initial public offering (IPO) is projected to raise approximately $75 billion, assigning the company a valuation of around $1.77 trillion, thereby marking it as the largest IPO in the annals of global financial history.
