We have liftoff.
SpaceX priced 555.6 million shares in its hugely anticipated IPO at $135 each late Thursday, making history as the largest public offering of all time.
The record-setting deal raised $75 billion for Elon Musk’s rocket company and awarded it a valuation of about $1.75 trillion, as was expected in the weeks leading up to pricing. The final offering immediately launched SpaceX into the ranks of the most valuable companies on Earth.
SpaceX will start trading on the Nasdaq on Friday under the ticker SPCX.
Newsletter anchors Dan DeFrancesco (BI Today) and Joe Ciolli (First Trade) will be doing a live Q&A about the SpaceX offering as trading kicks off on Friday, June 12. Watch here at 12:30 p.m. ET.
