šŸš€ SpaceX just updated its IPO terms today!

KevinChenNYC
06-04

The target price is a fixed $135 per share, valuing the company at approximately $1.77 trillion, and it plans to raise up to $75-80 billion, potentially making it the largest IPO in history.

- Stock ticker: SPCX (Nasdaq)

- Roadshow to begin soon

- Pricing date: June 11

- Earliest trading day: June 12

No insider selling—proceeds will be used for Starlink expansion, launch infrastructure development, and AI computing. This is a momentous moment for space and technology!

SpaceX Raises $40B — Has the Cloud Provider Shakeout Begun?
SpaceX rose 1.89% Friday, while CoreWeave fell 2.46% and Nebius 0.27%, as investors weighed different funding models. Reports say SpaceX raised $40B in debt and warned that over 200 AI cloud firms could fail. CoreWeave faces roughly $640M in interest costs; Nebius secured $3.5B from Citi and powered a 300-MW New Jersey data center. Bulls see capital and infrastructure consolidating among leaders; bears warn debt does not guarantee high-return contracts. What balance-sheet evidence separates a durable platform from a leveraged capacity trade?
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