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SpaceX Share Price Live Updates: When Will The Stock Be Eligible To Trade? Check Timings

The company raised $75 billion in the IPO, pricing 555.6 million shares at $135 each, according to a statement on its website Thursday.

SpaceX Share Price Live Updates: When Will The Stock Be Eligible To Trade? Check Timings
8 minutes ago

SpaceX has made history with the biggest-ever IPO, launching it into the top ranks of the largest public companies and putting founder Elon Musk on the verge of becoming the world's first trillionaire.

The company raised $75 billion in the IPO, pricing 555.6 million shares at $135 each, according to a statement on its website Thursday. SpaceX's IPO is more than double the size of Saudi Aramco's $29.4 billion listing in 2019.

Hours away from listing on the Wall Street, SpaceX is presenting investors with far more than a rocket company. The filing lays out a vision that includes a multiplanetary civilisation, lunar factories, asteroid mining, orbital AI infrastructure powered by the Sun and even artificial intelligence designed to help run entire companies.

Stay tuned for more updates!

SpaceX IPO Listing Live: Could SpaceX Mark The Peak Of The AI Mania?

The listing of SpaceX is historic for many reasons. Key among those is that there is a high chance that SpaceX, thanks to its invention of reusable rocket technology, will be among the few companies that will be remembered even a hundred years from now. It is only fitting that its listing could mark another milestone: the making of the world's first trillionaire, Elon Musk.

After all, the maverick inventor has shown that the way to achieve incredible goals is to make them audaciously, and keep pushing relentlessly even in the face of repeated failures - treating failure as the feature rather than the bug in his working model.

Read more here

 

SpaceX IPO Listing Live: X Pokes Fun At Investors Ahead Of Listing

SpaceX IPO Listing Live: All You Need To Know

The Elon Musk-run company will begin trading on the Nasdaq on Friday, June 12, in what is set to be the largest initial public offering in history.

Here is what you need to know: 

SpaceX has set a fixed price of $135 per share, skipping Wall Street's traditional book-building process, to raise $75 billion at a valuation of nearly $1.75 trillion, or roughly Rs 150 lakh crore.

The issue size alone works out to over Rs 6.4 lakh crore, larger than the market capitalisation of all but a handful of Indian companies.

The company is selling 555.6 million Class A shares, with underwriters holding an option for another 83.33 million shares worth $11.2 billion. At the offer price, SpaceX would become the seventh-most valuable company in the US, ahead of Tesla, which is valued at about $1.6 trillion.

SpaceX IPO Listing Live: Elon Musk's Space Venture To Hit Wall Street Soon!

It is an exciting day for wall street investors with everyone eyeing the highly anticipated SpaceX listing. I am Khushi, and I will be taking you through everything you need to know before the listing. Stay tuned, Nasdaq nuts!

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