SpaceX is reportedly targeting an initial public offering on June 12.
With the share price targeted at $135, the target valuation is expected to be around $1.77 trillion, with the sale raising up to $75 billion in new capital
There are ways to buy SpaceX stock today. But the easiest way to gain exposure is simply to buy shares once they become publicly available. A growing number of experts, however, are warning investors not to participate in the IPO.
Instead, they believe the best opportunity to buy SpaceX shares is after the June 12 IPO. And there’s one major reason why. Here’s why you shouldn’t buy SpaceX stock on June 12 SpaceX’s targeted valuation of $1.77 trillion will make it one of the largest public debuts in history.