SpaceX's Nasdaq IPO targets a $1.75-2 trillion valuation with just 3-4% float. Passive index funds could absorb 30% of tradable shares, risking a price

The SpaceX initial public offering (IPO), set for June 12, on Nasdaq (SPCX) is expected to be the largest single listing in history. The company is targeting a $75 billion raise…

SpaceX IPO: At roughly 110 times trailing sales, Elon Musk-led company's valuation assumes years of rapid growth, raising the stakes for investors if the company falls short of…