SpaceX IPO to Price 555M Shares at $135, Valuing Company Near $1.8T
SPCX•
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.
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.
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.