SpaceX Announces It Will Go Public Starting June 12
· Telemundo McAllen (KTLM)
SpaceX, the aerospace company founded by Elon Musk, has announced its plans for an Initial Public Offering (IPO) set to launch on June 12. This marks a significant milestone as it will allow investors to purchase shares for the first time. The company will offer over 555 million Class A common shares, with an additional option for underwriters to acquire up to 83.3 million more shares within the first 30 days. The estimated initial price is set at $135 per share, with the final pricing expected on June 11. Shares will trade under the symbol 'SPCX' on the Nasdaq Global Select Market.
AI summary · Source: Telemundo McAllen (KTLM) →
