BlockBeats news: On June 12, SpaceX is set to list on Nasdaq today under the ticker symbol 'SPCX', with an offering price of $135 per share, raising $75 billion and valuing the company at approximately $1.77 trillion, completing the largest initial public offering (IPO) in history and attracting multiple times oversubscribed demand from investors.
The global market capitalization ranking shows that Broadcom currently holds the tenth position with a market cap of $1.834 trillion. If SpaceX’s stock price stabilizes and experiences a modest increase on its first day of trading, it could surpass Broadcom to become the world’s tenth-largest asset by market cap, just below TSMC (currently at $2.183 trillion).
