Summary
Bloomberg's Manuel Baigorri reports on SpaceX's record $75 billion IPO filing with a fixed price of $135 per share. The IPO could begin trading next week, with high expectations and significant market value. The report also discusses ripple effects on AI-related IPOs in Europe and Asia.
- SpaceX filed for a $75 billion IPO, the largest ever, with 555.6 million shares at $135 each.
- The fixed price is unusual for large U.S. listings, signaling confidence in demand.
- IPO marketing starts this week, with potential trading next week.
- SpaceX's expected market value is around $1.8 trillion.
- The IPO may impact other AI-related listings, such as Entropic and OpenAI.
- More than 20 investment banks are involved, with fees expected to exceed $500 million.