Public pension fund
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Publicly objecting to SpaceX governance ahead of IPO
SpaceX began trading June 12 on Nasdaq under ticker SPCX, the largest IPO by money raised. The company sold 555.6 million shares at $135 each, raising $75 billion at a $1.77 trillion valuation. Retail orders alone exceeded $100 billion, so SpaceX cut individual buyers' allocation from roughly 30% of the offering to the low 20s.
Updated Jun 12
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