SpaceX has set its IPO pricing at $135 as the company nears a historical public listing that could break records. Wedbush analyst Dan Ives calls the public listing a "watershed moment" and shares his take on the IPO.
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Ives on SpaceX IPO
SpaceX plans to raise $75 billion with the sale of 555.6 million shares at $135. The IPO would value the company at $1.75 trillion, in line with past reports.
The listing will be made up of new shares, with existing shareholders such as SpaceX CEO Elon Musk having to hold their shares before selling.
