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SpaceX launches its first public offering roadshow, planning to issue 555,555,555 Class A common shares to the public
ME News Report, June 4th (UTC+8), SpaceX has launched its initial public offering (IPO) roadshow, intending to issue 555,555,555 Class A common shares to the public, with an expected offering price of $135 per share. Retail investors can participate in the subscription at the same price as large institutional investors. The offering also plans to grant underwriters a 30-day over-allotment option to purchase up to an additional 83,333,333 Class A common shares.
SpaceX has applied to list the Class A common shares on the Nasdaq Global Select Market and the Nasdaq Texas Exchange, with the stock ticker SPCX. Goldman Sachs, Morgan Stanley, Bank of America Securities, Citigroup, J.P. Morgan, and Barclays will serve as book runners. (Source: Jin10)