By Manya Saini
June 8 (Reuters) - Elon Musk is bringing his pioneering business style to the IPO world this week when his rocket and satellite maker ****** eX goes public, in ways that no other company has.
Here is how ****** eX is breaking Wall Street traditions with its record $75 billion listing.
1. 'TAKE-IT-OR-LEAVE-IT' STOCK PRICING
SpaceX is targeting a roughly $1.8 trillion valuation and the price of $135 per share is not up for discussion! ****** eX set the price before meetings with investors at a roadshow, which Wall Street always uses to test demand and set a price range.
June 8 (Reuters) - Elon Musk is bringing his pioneering business style to the IPO world this week when his rocket and satellite maker ****** eX goes public, in ways that no other company has.
Here is how ****** eX is breaking Wall Street traditions with its record $75 billion listing.
1. 'TAKE-IT-OR-LEAVE-IT' STOCK PRICING
SpaceX is targeting a roughly $1.8 trillion valuation and the price of $135 per share is not up for discussion! ****** eX set the price before meetings with investors at a roadshow, which Wall Street always uses to test demand and set a price range.
3 hours ago
