SpaceX IPO Debuts on Nasdaq June 12 at $135 per Share, Raises Record $75B with 2x Oversubscription

According to BlockBeats, SpaceX will debut on Nasdaq under the ticker SPCX on June 12 with an offer price of $135 per share and plans to raise $75 billion. The IPO has attracted approximately $150 billion in investor subscriptions, double the target, setting a global IPO record.

The market focus also turns to upcoming U.S. economic data. Next Wednesday and Thursday will see the release of June consumer price index (CPI) and producer price index (PPI), respectively. Forecasts show U.S. nominal and core CPI year-over-year growth will accelerate to 4.2% (the highest since June 2023) and 3%, potentially triggering significant market volatility. Meanwhile, spot gold has fallen for a fourth consecutive week on expectations of Fed rate hikes, with Deutsche Bank cutting its gold price target to $4,800 per ounce; the dollar index has risen above 100.