🚀 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 SPCX Drops 4.5% Below $150 — JPMorgan Calls Merger 'Rational,' Is $220 Credible?

SpaceX (SPCX) fell another 4.51%, breaching $150 as tech sold off on geopolitical headwinds. The bull-bear split is stark: JPMorgan called a potential Musk-led SpaceX-Tesla merger "strategically sound," and one forecast sees SPCX at $220 by year-end — while short-seller Jim Chanos mocked its valuation as bubble excess. With a $220 target squaring off against bubble warnings, do you trust the upside case, or stay cautious on a high-valuation name?

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