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Morning Minute: SpaceX Prices Largest IPO Ever at $135

Morning Minute: SpaceX Prices Largest IPO Ever at $135

SpaceX's initial public offering (IPO) is reportedly priced at $135 per share, which would value the company at approximately $180 billion. This valuation would make it the largest IPO in history, surpassing Visa's $19.1 billion IPO in 2008. The company aims to raise around $7 billion through this offering. The trading of SpaceX shares on the secondary market, such as on the Hyperliquid platform, has indicated a higher valuation, with shares trading at $177. This suggests a potential for significant price appreciation on the opening day of trading, with some analysts predicting a 30% increase. The IPO is expected to be a major event in the financial markets, attracting substantial investor interest due to SpaceX's prominent role in the aerospace industry and its ambitious projects like Starlink and Starship.

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