SSpaceX

555,555,555 shares at $135 each!

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In an announcement posted on the social media platform that it owns, SpaceX confirmed the pricing of its IPO of 555,555,555 shares at $135 each. Valuing the company at about $1.8 trillion (and making Elon Musk a trillionaire)

The stock is expected to start trading publicly on Friday under the ticker SPCX. The long-term impacts of SpaceX won’t be known for years. For now, investors can focus on the next few days.

Once the stock begins to trade Friday, the listing price is only the starting point. It could soar higher or dip lower in the coming minutes, hours, and days.

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