A SpaceX, Elon Musk’s special sector company, debut in Wall Street this Friday (12). THE IPO (initial public offering) of the company, announced on May 20th, promises to be the largest in the company’s history New York Stock Exchange.
Listed on Nasdaq, the sale of 555.56 million shares at an initial price of US$ 135 will make SpaceX one of the most valuable publicly traded companies in the world, at a record value of around US$1.77 trillion.
The historic IPO will also have the ability to boost the status of .
A total of 23 institutions participated in the SpaceX IPO, including Goldman Sachs, Morgan Stanley, BofA, Citigroup and JPMorgan. The bank BTG Pactual, by André Estevesis the only Brazilian bank listed in the operation, according to a previously published prospectus.
Despite the public offering, which gives greater voting power in the company’s decisions. Thus, the current billionaire will have 82.4% of voting control in your hands.
This means that individuals demand the paper.
The expectation, however, must be met initially only to 20% of these investors – which may reflect on the share price according to greater demand for assets.
The magnitude of the IPO has drawn attention to the increasingly interconnected structure of Musk’s business empire, which includes the automaker Tesla electric carsas well as businesses in artificial intelligence and brain chip implants.
Furthermore, this is considered a step closer to the commercialization of space travel and the ambitious plans to establish. At the same time, it indicates more evidence of wealth concentrated in technology companies.
Founded in 2022, the company focused on building rockets and transporting cargo to outer space. Almost 20 years later, after merging with Starlinkstarted operating in satellite internet services.
This year, SpaceX also merged with Musk’s artificial intelligence startup, xAIin a deal that valued the space rocket company at US$1 trillion and , at US$250 billion.
reported revenue of $4.69 billion, compared to $4.07 billion the previous year. The loss for the same period was $1.27 per share, compared to a loss of $0.18 a year earlier.
SpaceX on B3, the Brazilian Stock Exchange
In addition to the Nasdaq listing, the Brazilian Stock Exchange, B3, will also make part of the assets available to.
Os BDRs (Brazilian Depositary Receipts) These are certificates traded on the Brazilian market that represent assets issued abroad.
This instrument allows investors to acquire securities from international companies without the need to open an account outside the country, carry out international remittances or exchange operations.
Although SpaceX shares have an initial price forecast of US$135, around R$675, the BDR structure was defined with a parity of 1 to 15. In other words: each share traded on the USA will correspond to 15 BRDs in Brazil.
Therefore, the asset traded under the code SPCX34 It can be purchased for between R$50 and R$70.
