SpaceX priced 555.6 million shares at $135 each in its Securities and Exchange Commission filing for the historic offering, raising more than $75 billion before overallotment options.
The scale dwarfed prior technology listings and required coordinated stabilization trades from underwriters during early aftermarket hours.
Proceeds are earmarked for rocket development, satellite manufacturing scale-up and balance-sheet strengthening.
Retail brokers reported account opening surges as first-time investors sought allocation in the marquee name.
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Sources:
https://www.ctvnews.ca/business/article/spacexs-ipo-is-set-to-be-the-biggest-ever-and-could-make-elon-musk-a-trillionaire/