SpaceX prices IPO at $135 for $1.77T valuation, biggest ever

SpaceX on June 3 set a fixed $135-per-share price for its Nasdaq IPO, targeting a roughly $1.77 trillion valuation and about $75 billion in proceeds - a deal that would dwarf Saudi Aramco's 2019 record to become the largest public offering in history. The investor roadshow kicked off June 4 with 555.6 million shares on offer, Goldman Sachs leading a syndicate including Morgan Stanley, BofA, Citi and JPMorgan, trading expected to start on Nasdaq under ticker SPCX on June 12, and Elon Musk retaining roughly 82% voting control after pricing.