SpaceX IPO Pricing at $135 and Valuation Hits $1.7 Trillion

AI Summary

SpaceX plans to go public with an IPO pricing of $135 per share, valuing the company at $1.7 trillion. This event is anticipated to be the largest ever public sale of shares. The IPO comes amid broader market impacts from the upcoming 2026 FIFA World Cup, which Goldman Sachs predicts will boost sectors like U.S. retail and hospitality. Analysts forecast challenge for traditional sportsbooks versus sports betting platforms, as betting interest grows alongside the World Cup.