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SpaceX Finalizes IPO Price at $135 a Share in World’s Largest Public Offering

Elon Musk’s rocket company said it would sell more than 555 million shares at $135 each in its blockbuster initial public offering, which is set to begin trading on Friday.

© Mario Tama/Getty Images

SpaceX will begin trading publicly on Friday under the ticker symbol SPCX.
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How Tesla’s Stock Listing in 2010 Enabled SpaceX’s I.P.O.

Investors who bought the automaker’s shares in its initial public offering became rich. As a result, many have a deep faith in Elon Musk, the chief executive of Tesla and SpaceX.

© Brendan McDermid/Reuters

During Tesla’s initial public offering in 2010, Elon Musk, the company’s chief executive, said, “The smartest money in the world is betting on Tesla.”
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