SpaceX IPO update: Latest SPCX stock price, trading start time for closely watched Nasdaq debut

From Wall Street to Main Street, Elon Musk’s hotly anticipated initial public offering (IPO) for SpaceX tomorrow has hit a fever pitch with anyone and everyone . Headlines are buzzing about it in superlatives including “blockbuster” and “record-breaking.”

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SpaceX IPO update: Latest SPCX stock price, trading start time for closely watched Nasdaq debut

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As the rocket company heads into the final countdown to its stock market debut on Friday, June 12 (here’s a clock from Yahoo Finance), here’s what to know. (There is no set time for trading to begin, but companies often wait a bit after the market opens .)

SpaceX set its final IPO price at $135 a share , and will sell 555.5 million shares of its Class A common stock . The company’s total valuation is reported at $1.77 trillion .

The offering is expected to close on June 15. In addition, SpaceX has granted the underwriters a 30-day option to purchase up to an additional 83.3 million shares of its Class A common stock at the IPO price.

On Friday, the stock will begin trading publicly on the Nasdaq exchange under the ticker “SPCX.”