SpaceX logo and the letters "IPO" are seen in this illustration taken on June 5.
Reuters-Yonhap Korean investors are rushing to gain exposure to SpaceX ahead of its Nasdaq debut, pouring money into space-themed exchange-traded funds (ETFs) as the Elon Musk-led company prepares for one of the largest initial public offerings (IPOs) in history, market watchers said Wednesday.
The U.S. space giant is scheduled to begin trading on Nasdaq TFriday (local time).
SpaceX reportedly drew about $150 billion in investor demand during the book-building process, roughly double its fundraising target.
If the offering proceeds as expected, it would be valued at about $1.75 trillion, potentially making it one of the 10 most valuable publicly traded companies in the United States.
