Elon Musk in 2020. Image: NASA/Bill Ingalls/Flickr (CC BY-NC-ND 2.0)
SpaceX will debut under Nasdaq and Nasdaq Texas today under the symbol ‘SPCX’.
Elon Musk’s SpaceX has raised a record-breaking $75bn in its IPO debut, setting the scene for rivalling AI giants Anthropic and OpenAI as they gear up to go public.
The X and xAI-parent company has confirmed some 555.6m shares at a price of $135 a share. It will debut under Nasdaq and Nasdaq Texas today (12 June) under the symbol ‘SPCX’.
At this price, SpaceX draws a market value of $1.7trn, or a fully diluted valuation of $.18trn if employee stock options and restricted share units are accounted for.
