
SpaceX sets June 12 Nasdaq debut in record $1.75T IPO

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SpaceX plans a historic Nasdaq debut on June 12, targeting a $1.75 trillion valuation and potentially raising $75 billion. A 5-for-1 stock split and fast-track Nasdaq-100 inclusion may attract significant institutional buying. However, analysts caution about overvaluation, Musk's control, and the historical underperformance of large IPOs despite solid business fundamentals.

