Elon Musk’s enterprise has priced shares at $135 each, raising $75 billion in a take-it-or-leave-it offering, but with analysts questioning the valuation
Elon Musk’s rocket company SpaceX raised $75 billion after pricing 555.6 million shares at $135 each in the largest initial public offering on record, according to a filing with the Securities and Exchange Commission. The deal cemented SpaceX’s place among the world’s most valuable publicly traded companies.
The $135-per share price matched the level SpaceX had previously indicated and implied a market capitalization approaching $1.8 trillion at the time of the offering. At that valuation…
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