On June 3, SpaceX set its IPO price at $135 per share, aiming for a $1.75 trillion valuation and to raise $75 billion.
The roadshow began on June 4 and ends tomorrow. Google has reportedly committed $11 billion, and Wall Street banks estimate SpaceX could reach up to $3.4 trillion in revenue by 2040.
SpaceX closed its order book a day early on June 10, showing that demand was much higher than supply ahead of its Nasdaq debut on June 12.
When Tech Funding News last reported on SpaceX’s IPO plans on May 22, the S-1 had just been released, and the price was still unknown.
In the three weeks since, most details have been confirmed, and the deal has become bigger, faster, and more unusual than many expected.
