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Today, @SpaceX (Nasdaq: SPCX) makes its public market debut with a $75Bn offering (pre-greenshoe) at $135 per share, marking the largest IPO in history.
Congratulations to the SpaceX team. We are honored to serve as joint lead bookrunner and sole stabilization agent.
$SPCX The SpaceX IPO is here!
What are you buying for $1.75 trillion?
• Space holds the moat.
• Connectivity makes the money.
• AI carries the valuation premium.
BREAKING: Elon Musk says when he launched SpaceX, $SPCX, he gave the company "less than a 10% chance" of succeeding.
Today, SpaceX is debuting the largest IPO in history, which is 2.5 TIMES larger than the previous largest IPO.
SPACEX IPO SAID TO DRAW OVER $250 BLN INSTITUTIONAL ORDERS, MORE THAN $350 BLN IN TOTAL DEMAND || SAID TO SELL 70% OF INSTITUTION BOOK TO LONG-ONLY, SWFS || SAID TO PLACE 20% OF IPO SHARES TO RETAIL INVESTORS