Vanguard sends calm but firm message on SpaceX IPO
SpaceX completed the largest IPO in Wall Street history on June 12, raising $75 billion. The company's valuation surpassed $2 trillion by the close of trading on Friday. Vanguard index funds are integrating the stock, though float-adjusted rules limit initial ETF weightings.
What changed
New data confirms the final valuation exceeded $2 trillion and provides specific share pricing and volume.
Live updates
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SpaceX Valuation Exceeds $2 Trillion Following Historic IPO
confidence 80%SpaceX completed the largest IPO in Wall Street history on June 12, raising $75 billion. The company's valuation surpassed $2 trillion by the close of trading on Friday. Vanguard index funds are integrating the stock, though float-adjusted rules limit initial ETF weightings.
What's confirmed:
- SpaceX raised $75 billion in its June 12 Nasdaq IPO.
- The IPO is the largest in Wall Street history.
- The company sold 555.6 million shares at $135 each.
- Vanguard index funds are purchasing SpaceX shares.
Still unconfirmed:
- CRSP US Total Market Index additions were expected around June 18 or June 22 and 23.
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Vanguard Addresses SpaceX IPO Following Record Public Debut
confidence 95%SpaceX debuted on the Nasdaq on June 12 in the largest initial public offering in Wall Street history. The company raised $75 billion. Vanguard index funds will automatically purchase shares in the coming days and weeks.
What's confirmed:
- SpaceX debuted on the Nasdaq on June 12.
- The SpaceX IPO raised $75 billion.
- This was the largest initial public offering in Wall Street history.
- Vanguard index funds will buy SpaceX shares following the IPO.
Still unconfirmed:
- SpaceX sold 555.6 million shares during its IPO.
- Investors are worried about the impact of the IPO on their 401(k) accounts.
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Vanguard Issues Statement on SpaceX IPO
confidence 50%Vanguard has sent a calm but firm message regarding a SpaceX IPO. The company's Russell 1000 Growth Index ETF is being considered by investors as SpaceX becomes eligible for the Russell 1000 and Russell 3000 indices.
Still unconfirmed:
- Vanguard sent a calm but firm message on the SpaceX IPO.
- SpaceX can be added to the Russell 1000 and Russell 3000 indices.
- SpaceX is included in a Schwab value ETF worth $15 billion.
- Investors are gravitating toward the cheapest SpaceX ETFs.
- The LOFF ETF has launched to target the SpaceX trade.