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SpaceX Heads For A Record Debut Into A Risk-Off Tape

The year's marquee listing aims for a 1.77-trillion-dollar valuation just as war and inflation rattle markets.

SpaceX is set to list on the Nasdaq Friday under the ticker SPCX at a fixed 135 dollars a share, a roughly 1.77-trillion-dollar valuation that would rank it among the largest companies in the country and the biggest debut on record.

The company plans to sell about 555 million shares to raise up to 75 billion dollars, with founder control intact and a thin free float.

Final pricing comes after Thursday's close. The catch is timing, as it arrives into a tape suddenly gripped by war and inflation.

Sources: CNBC, Yahoo Finance.

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