Jun 4 (edited) • General discussion
SpaceX ...more detail summary chat:
SPACEX IPO SCHEDULED TO PRICE ON JUNE 11, TRADE JUNE 12
SpaceX launches its IPO at an expected price of $135/share, offering 555.56M Class A shares, per an SEC filing - Reuters
SpaceX: Musk will hold about 82.4% of the voting power.
SpaceX seeks to raise $75 billion in biggest IPO ever.
$135 sound reasonable but when factor in market cap, valuation, their fundamental metrics, is a massive valuation price (+100x price /sale). Also with this IPO Musk will be the 1st trillionaire richest person on earth. 😱
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SpaceX ...more detail summary chat:
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