SpaceX set to raise $75 billion in largest IPO
SpaceX is set to finalize its $75 billion raise later Thursday, with bankers closing their order books for the deal. The company’s public debut is scheduled for June 12.
The IPO has a big retail allocation, with JPMorgan Chase and other banks treating individual investors similarly to institutions.
The S&P 500 has fallen 3% over the past five days, amid some stock turbulence. Pre-IPO perpetual futures contracts for SpaceX are pricing the stock 20% above its listing price of $135.