SpaceX is targeting an Initial Public Offering (IPO) on June 12, with a planned fixed share price of $135

SpaceX is targeting an Initial Public Offering (IPO) on June 12, with a planned fixed share price of $\$135$. This record-setting debut will value the company at approximately $\$1.8$ trillion and raise about $\$75$ billion in new capital. Once trading begins, the stock will list on the Nasdaq under the ticker symbol SPCX. [1]

Prior to the IPO, secondary markets (such as Forge Global and Hiive) calculated implied valuations and trading prices for pre-IPO shares, which were recently tracking between $\$129$ and $\$157$ per share.




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The Weekly Scramble features Mike Frattallone and Chris Reuvers’ light hearted look at daily life in the State of Minnesota. Twice a week they bring their unique, common-sense conservatives approach to the current headlines. Logical and witty, funny, smart and maybe a little too opinionated, Mike and Chris are here to help make sense of the nonsense facing Minnesotans. 