SpaceX IPO to Price 555M Shares at $135, Valuing Company Near $1.8T
SPCX•SpaceX priced 555 million IPO shares at $135 each, raising over $75 billion and valuing the company at just under $1.8 trillion with options potentially lifting proceeds above $86 billion. Leveraged ETF products linked to SPCX are set to launch shortly, offering amplified exposure to SpaceX’s debut on Nasdaq.
1. Record-Breaking IPO Details
SpaceX priced 555 million shares at $135 each in its Nasdaq debut, raising over $75 billion and valuing the company at just under $1.8 trillion. The IPO includes options for 83 million additional shares, potentially increasing total proceeds above $86 billion and placing SpaceX among the top 10 of Wall Street companies.
2. Leveraged ETF Launch Plans
Several leveraged ETF products tied to the SPCX listing are scheduled to launch soon, providing investors with two- and three-times daily exposure to SpaceX’s stock performance. These ETFs aim to attract traders seeking amplified gains or strategic hedges around the company’s market debut.
