
SpaceX sets June 12 IPO aiming for record $75B raise

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SpaceX plans to list on Nasdaq on June 12, targeting a $75 billion raise at a $1.75 trillion valuation. New Nasdaq rules may expedite its entry into the Nasdaq-100, potentially attracting $60 billion in passive fund buying. However, concerns over governance, limited float, and speculative demand could increase volatility despite strong interest from institutions and retail investors.

