SpaceX on Thursday set its final IPO price at $135, the last stage in a long-running process to bring Elon Musk’s space and AI conglomerate public. The company, which also owns the X social media network,

Crypto traders are looking past SpaceX’s expected IPO price and placing a higher value on Elon Musk’s rocket, satellite and artificial intelligence company ahead of its trading debut.

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A large portion of IPO shares will be allocated to retail investors, but they face penalties if they sell too soon.

Options trading on the new stock likely to start on June 16. Volume, and volatility, could be off the charts.

SpaceX is set to launch its IPO on Wall Street, potentially raising $75 billion and marking a significant milestone for the company and Elon Musk.

Elon Musk’s rocket company SpaceX will make its debut on Wall Street Friday and both institutional and retail investors are expected to gobble up the 555.6 million shares going up for sale at $135 api

Elon Musk's rocket company, recently merged with xAI, is aiming to raise $75 billion in its initial public stock offering. It's the first of a trio of mega-IPOs from AI companies expected this year.