SpaceX said it will put up for sale 555,555,555 shares at an initial price of $135 each.
SpaceX, the rocket and satellite company led by billionaire Elon Musk, aims to raise approximately $75 billion in a record initial public offering, the company said in a regulatory filing on Wednesday.
SpaceX said it will put up for sale 555,555,555 shares at an initial price of $135 each. Should the public offering proceed, Musk’s company would shatter the fundraising record previously held by oil giant Saudi Aramco, which raised $25.6 billion in 2019.
(Except for the headline, this story has not been edited by NDTV staff and is published from a syndicated feed.)
