Ron Baron Buys $1 Billion of SpaceX in IPO, Lifting Stake to $25 Billion
Ron Baron bought $1 billion of SpaceX shares in the company’s initial public offering on Friday, lifting his stake to $25 billion and adding another prominent investor after the company’s record Nasdaq debut. SpaceX raised $75 billion at $135 a share, valuing the company at $1.77 trillion, before opening at $150.
The disclosure follows Ark Invest’s purchase of 3,291,184 SpaceX shares worth about $525 million on the first trading day, underscoring strong demand from large investors after the offering drew more than $350 billion of orders. SpaceX opened with a market value of about $1.96 trillion.
From the sources (25 posts)
@cnbcElon Musk and SpaceX President and COO Gwynne Shotwell rang the opening bell on Friday, with Musk in Texas and Shotwell at the Nasdaq in New York City, ahead of SpaceX's historic market debut. More details: https:/
@exec_sumBREAKING: SpaceX shares to open at $171 in debut vs $135 IPO price $SPCX
@kobeissiletterMany are asking why is SpaceX, $SPCX, NOT trading yet? Here's exactly how the IPO process works and when the shares will be available to trade (Bookmark this): The IPO was quoted at 9:50 AM ET and was expected to begin trading at 10:00 AM
@ftSpaceX’s record-setting initial public offering, in charts:
@reutersSpaceX priced the world's biggest ever initial public offering at $135 per share on June 11, raising a record $75 billion and valuing the company at $1.77 trillion. Follow our live coverage of the SpaceX IPO here ➡️
@zerohedge*SPACEX SHARES INDICATED TO OPEN AT $174 EACH, IPO PRICE $135
@polymarketJUST IN: 400 current & former SpaceX employees are poised to become worth over $100 million from the IPO.
@polymarketNEW: SpaceX is indicated to open +29% above its IPO price in debut trading.
@stocksavvyshay$SPCX is now indicated to open at $175 per share
@katie_roofRT @business: SpaceX’s historic $75 billion IPO drew more than $350 billion in demand from institutions and retail investors, sources say h…
@newswire_usRT @PolymarketMoney: POLYMARKET PROJECTS $174 OPENING SPACEX SHARE PRICE, IMPLYING A 29% OPENING POP.
@jawwwn_.@elonmusk on the SpaceX IPO: “It’s hard to believe a little company that started in a warehouse in El Segundo is now going public with the largest IPO ever.” “If people told me this was going to happen—I would’ve been like, ‘’Man, you mu
@mzhemingwayRT @zerohedge: *SPACEX SHARES INDICATED TO OPEN 29% ABOVE IPO PRICE IN DEBUT
@moreperfectusSpaceX just went public. Elon Musk is using your retirement savings to become the world’s first trillionaire.
@coindeskNOW: SpaceX ($SPCX) has officially begun trading on the Nasdaq.
@coindeskUPDATE: SpaceX shares indicated to open at $174, per Reuters.
@ryanwatkins_RT @mlmabc: Hyperliquid (Tradexyz) traders predicted the exact opening price of SpaceX. The Hyperliquid SpaceX perp was trading at 171 jus…
@billyuchenlinRT @SpaceX: Follow today’s $SPCX events →
@theinsiderpaperBREAKING: Elon Musk rings the opening bell - SpaceX is officially public. - SpaceX trades on NASDAQ $SPCX - Elon Musk becomes trillionaire
@osint613SpaceX set to top $2 trillion in market value in its Nasdaq debut. Shares indicate an open at $175, a nearly 30% jump from the $135 IPO price.
@faytuksnetworkSpaceX's IPO (Initial Public Offering) has made Elon Musk the world's first trillionaire. Prior to the IPO, Musk was worth an estimated $813 billion, per CBS.
@bitcoinmagazineJUST IN: Elon Musk's SpaceX officially becomes 8th largest public Bitcoin holder with 18,712 BTC 🚀
@osint613Elon Musk is now the world's first trillionaire after SpaceX went public. He was worth an estimated $813 billion before the IPO, per CBS.
@cgasparinoNasdaq and Russell bent their own rules to get SpaceX into their indexes. S&P held the line and public outcry may have swung that, I wrote about it in the Post. New Risk & Return with @BobSloanS3 we get into what that says about a $75B IP
@phildstewart(Reuters) - The landmark listing cemented Musk's status as the first trillionaire ever and propelled SpaceX into the ranks of the world's most valuable companies - even though the firm posted a loss of nearly $5 billion last year and gener