SpaceX Is Said to Plan IPO Terms as Early as Today

Summary

SpaceX is planning to set IPO terms as early as Wednesday, aiming to sell 555.6 million shares at $135 each to raise $75 billion. Bloomberg's Dani Lee reports on the timeline, pricing, and strong demand from institutional and retail investors.

• SpaceX plans to set IPO terms as early as Wednesday afternoon.
• It aims to price shares at $135 each to raise $75 billion.
• The offering involves selling 555.6 million shares.
• Marketing will last about a week before final pricing and public trading.
• There is high anticipation from both institutional and retail investors.
• The AI trade is cited as a driver of excitement for the listing.