SpaceX President Gwynne Shotwell rang the Nasdaq opening bell in New York on June 12, marking the final hours before the aerospace giant begins public trading under the ticker symbol SPCX. With CEO Elon Musk participating virtually from Texas, the company enters the public market at a valuation of $1.77 trillion, following a $75 billion capital raise that underscores immense global investor demand.
A New Era of Public Ownership
The company’s decision to go public follows a unique strategy, with Musk opting for a fixed price of $135 per share rather than the traditional price-discovery range. Despite the unconventional
