#SpaceXIPO

🇺🇸 The SpaceX IPO is already breaking records before a single share trades.

Priced at $135/share, raising around $75B at a $1.8T valuation. Institutional demand is multiples over the available float, with individual funds bidding $10B+ each.

For context: Saudi Aramco's $29.4B IPO was the biggest in history. SpaceX just tripled it.

The market, beyond a rocket company, is buying the infrastructure layer of the next economy.

Source: Bloomberg, @SpaceX $SPCX / Writers: Lucas, Oliver