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It is reported that SpaceX has set its IPO offering price at $135.
According to Svmuu, sources familiar with the matter revealed that SpaceX (SPCX.O) has informed the banks handling its $75 billion IPO that the company has set the offering price at $135 per share. This price was disclosed in its revised IPO filing on Wednesday. This decision indicates that Elon Musk is determined to orchestrate the largest IPO in history on his own terms, breaking with Wall Street traditions. However, insiders emphasized that the decision could still change before formal trading begins. SpaceX launched its IPO roadshow on Thursday. During the roadshow, the issuer and its underwriting banks typically gather investor feedback and then hold a meeting the day before the stock officially begins trading to finalize the IPO price. Three sources described the demand for SpaceX's stock as "extremely voracious." SpaceX is expected to officially list and begin trading on June 12. (Jin Shi)
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