SpaceX Is Going Public at a $1.77 Trillion Valuation. Here's What a $10,000 Investment Could Return.
A bit too much growth is already baked into its IPO price.
Overview
SpaceX (NASDAQ: SPCX), the aerospace and AI company founded by Elon Musk, will go public on June 12. It's set the IPO price at $135 per share and aims to raise $75 billion, valuing the company at about $1.77 trillion and making it the biggest IPO in history.
The IPO is already more than four times oversubscribed, suggesting it will start trading at an even higher price. So what could a $10,000 investment in SpaceX's IPO be worth in a year?
Image source: Getty Images.
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Originally published at www.fool.com.
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