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SpaceX's Market Cap on First Trading Day Aims for Top Ten Global Assets

BlockBeats News, June 12th, SpaceX is about to make its Nasdaq debut today under the stock ticker "SPCX". The company's IPO price is set at $135 per share to raise $75 billion, achieving the largest IPO in history with a valuation of approximately $1.77 trillion, and attracting multiple times oversubscription from investors.


According to the Global Asset Market Value List, currently Broadcom ranks tenth with a market value of $1.834 trillion. If SpaceX's stock price stabilizes and experiences a slight increase on its first day of trading, it is poised to replace Broadcom and become the world's tenth largest asset, just below TSMC (currently valued at $2.183 trillion).

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