Bloomberg Markets••1 min read
The Golden Age of IPOs is Here: IPOX's Schuster
SpaceX is set to launch its initial public offering (IPO) on June 12, offering 555.6 million shares at a fixed price of $135 each. This offering is projected to raise approximately $75 billion, which would make it the largest IPO in history, surpassing Saudi Aramco's $29.4 billion listing in 2019. Josef Schuster, founder and CEO of IPOX Schuster, discussed the significance of this event on "Bloomberg Deals," highlighting the current favorable environment for IPOs. The substantial valuation and expected trading debut signal a robust period for public market debuts.
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