SpaceX is public: Everything you need to know post-IPO
TechCrunch has followed SpaceX's start, struggles, and successes from the early days. And we're here for what happens next too. This package of SpaceX IPO coverage includes who stands to win (and maybe some who won't), pre-IPO deals, and what's tucked inside its S-1 registration document.
Key Takeaways
- SpaceX has captured the attention of media, investors, and the public for years now - interest propelled by the company's reusable rocket launches, the rise of its Starlink satellite network, and, of course, for its founder and CEO Elon Musk.
But in its 24-year history, nothing quite compared to its initial public offering.
- ET, SpaceX shares were up more than 15% to $186.
The latest on the SpaceX IPO SpaceX shares opened June 12 at $150 on the Nasdaq public exchange, an 11% pop for the most anticipated debut in history.
- At one point in the interview, Shotwell said a "merger between SpaceX and Tesla might make Elon's life a little easier.
" Among the winners are the banks, which have brought in about $500 million in total fees.
- " This is a provision in an IPO underwriting agreement that lets underwriters sell up to 15% more shares than originally planned if demand is strong.
- The SpaceX IPO, by the numbers Here we look at some of the bigger numbers, the consequential figures, and the eyewatering amounts that make up the company's S-1 form.
Stats & Key Facts
- #6 million shares at $135 each to raise $75 billion, making it the largest IPO in history and turning Musk into the world's first trillionaire .
- #ET, SpaceX shares were up more than 15% to $186.
- #The latest on the SpaceX IPO SpaceX shares opened June 12 at $150 on the Nasdaq public exchange, an 11% pop for the most anticipated debut in history.
- #In midday trading, SpaceX shares soared 30%.
SpaceX has captured the attention of media, investors, and the public for years now - interest propelled by the company's reusable rocket launches, the rise of its Starlink satellite network, and, of course, for its founder and CEO Elon Musk. But in its 24-year history, nothing quite compared to its initial public offering. Everyone seemed interested - perhaps because of the sheer size of the IPO.
6 million shares at $135 each to raise $75 billion, making it the largest IPO in history and turning Musk into the world's first trillionaire . TechCrunch has followed SpaceX's start, struggles, and successes from the early days. And we're here for what happens next too.
Here is your go-to landing page for all the relevant SpaceX IPO news, including notable updates now that the company is public. On its first full day of trading, SpaceX shares pushed even higher. ET, SpaceX shares were up more than 15% to $186.
For more details please read the original article at TechCrunch AI.
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