SpaceX prices record IPO at $135 a share, raising $75 billion

The deal was described as a record public offering, with 555.6 million shares sold at $135 each.

Summary

SpaceX priced its initial public offering at $135 per share, raising $75,000,000,000 through the sale of 555.6 million shares. The transaction was described as a record IPO, signaling an unusually large capital raise for a public market debut.

Terms & Concepts
  • IPO: initial public offering of shares
  • public offering: sale of securities to investors