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SpaceX Prices Its Record IPO Into A Reeling Market

The year's biggest listing sets its final price after Thursday's close, debuting Friday just as war and inflation roil stocks.

SpaceX is due to set the final price on its initial public offering after the close Thursday, ahead of a Nasdaq debut Friday under the ticker SPCX.

At a fixed 135 dollars a share, the deal targets a valuation near 1.77 trillion dollars and aims to raise up to 75 billion, which would rank among the largest listings ever.

The timing is brutal, as the offering meets a market shaken by a three-year-high inflation print and a widening Iran war. A thin free float could make early trading volatile.

Sources: CNBC, Yahoo Finance.

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