Elon Musk's SpaceX Targets June 12 Nasdaq IPO After 5-for-1 Stock Split Cuts Share Price Ahead Of Potential $75 Billion Debut: Report
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Elon Musk's SpaceX is set to debut on Nasdaq on June 12 under the ticker SPCX, following a 5-for-1 stock split that reduces the share price from $526.59 to $105.32. The company aims to raise $75 billion at a valuation of $1.75 trillion, significantly up from its previous $1.25 trillion valuation after merging with xAI. A prospectus filing is expected soon, with a roadshow starting June 4.
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