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It is reported that SpaceX has set the IPO offering price at $135 per share
According to sources familiar with the matter, SpaceX (SPCX.O) has informed the banks responsible for its $75 billion IPO that the company has decided on an offering price of $135 per share, which was disclosed in its amended IPO filing on Wednesday. This decision indicates that Elon Musk is determined to lead this historic IPO according to his own wishes, breaking with Wall Street tradition, although insiders emphasize that there is still a possibility of change before the stock officially begins trading. SpaceX launched its IPO roadshow on Thursday. During the roadshow, securities issuers and their underwriters typically gather investor feedback and then hold a meeting the day before the stock officially lists to finalize the IPO price. Three insiders described market demand for SpaceX shares as "extremely hungry." SpaceX is expected to officially list on June 12.