Projected SpaceX Valuation Falls by $300 Billion in Pre-IPO Futures Market

Anyone following SpaceX’s plans to sell shares to the public is likely to hear terms thrown around that describe steps and components of an initial public offering

SpaceX is coming to market on Friday, and investors can barely contain their excitement.

Ahead of the initial public offering (IPO) of SpaceX, scheduled for June 12th, high finance looks desperate trying to woo Elon Musk, the rocketry firm’s boss and the world’s first soon-to-be trillionaire.

Investor orders for SpaceX are reportedly topping $250 billion, making the IPO nearly 4x oversubscribed.