🚀 SpaceX just updated its IPO terms today!

The target price is a fixed $135 per share, valuing the company at approximately $1.77 trillion, and it plans to raise up to $75-80 billion, potentially making it the largest IPO in history.

- Stock ticker: SPCX (Nasdaq)

- Roadshow to begin soon

- Pricing date: June 11

- Earliest trading day: June 12

No insider selling—proceeds will be used for Starlink expansion, launch infrastructure development, and AI computing. This is a momentous moment for space and technology!

SpaceX IPO Countdown Hammers Space Stocks — Long or Short?

Space-proxy equities slid as SpaceX's IPO approaches: Rocket Lab tumbled 6.99% Wednesday, while ASTS, SPCE, and RDW extended losses overnight. Noted short-seller Steve Eisman called SpaceX's valuation "absurd" relative to Nvidia's, and Jefferies has begun facilitating bearish positioning across the space sector. With an epic IPO narrative on one side and prominent contrarian voices on the other, would you use RKLB or ASTS to front-run the listing — or side with the shorts?

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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