SpaceX finalizes its IPO at $135 per share amid overwhelming investor demand, signaling strong market interest.
SpaceX has priced its initial public offering at $135 per share, bypassing traditional pricing estimates as demand surges. The move sets the stage for trading to begin Friday, with analysts expecting volatile early sessions due to oversubscription.
Analysts have initiated coverage with buy ratings and bullish price targets, though supply constraints may limit immediate upside. The company’s decision to lock in pricing early reflects confidence in investor appetite, despite broader market uncertainties.
Space stocks rallied in pre-market activity, reflecting optimism around the IPO’s reception. The offering’s scale and demand levels could set benchmarks for future tech sector listings.