SpaceX plans to issue 555.6 million shares through an IPO at a target price of USD135 per share, aiming to raise USD75 billion, implying a valuation of USD1.75 trillion, Reuters reported, quoting people familiar with the matter.SpaceX plans to list on the Nasdaq under the ticker "SPCX", with trading expected to commence as early as June 12. Related NewsContinuing Jobless Claims for May/23 in the United States is 1,777K, lower than the previous value of 1,785K. The forecast was 1,780K.The company will reportedly begin its roadshow on Thursday (4th), and is considering allocating up to 30% of the offering to retail investors.
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