Source: SpaceX IPO price tag revealed at $135 per share

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Source: SpaceX IPO price tag revealed at $135 per share
Photo: Joel Kowsky/AP/TT

Elon Musk's space and AI company SpaceX is set to make its IPO on the US Nasdaq stock exchange, possibly as early as next week. Now the price tag has leaked via a source to Reuters.

The idea is for SpaceX to issue 555.6 million shares on the open market at a price of $135 apiece. It will raise $75 billion, making the space company's IPO the largest in history.

This gives the company a total value of nearly $1.8 trillion, or around SEK 16.3 trillion.

The exact timetable for when the IPO will take place is still uncertain, but it is a matter of weeks.

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By TT News AgencyEnglish edition by Sweden Herald, adapted for our readers

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