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Space Exploration Technologies Corp. (SpaceX) (NASDAQ: SPCX) is conducting an initial public offering of 555,555,555 shares of Class A common stock at an expected IPO price of USD 135.00 per share. The offering is expected to raise approximately USD 74.4 billion in net proceeds (or USD 85.7 billion if the underwriters' over-allotment option for an additional 83,333,333 shares is exercised in full), representing one of the largest IPOs in US history. The company has applied to list its Class A common stock on The Nasdaq Stock Market LLC and Nasdaq Texas, LLC under the ticker symbol "SPCX."
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