Devere: SpaceX's June 12 IPO Demand May Be Strong, but Scrutiny Starts After Listing

SpaceX is expected to debut in public markets on June 12, a move Devere Group says will test whether investors still accept huge private-market valuations. SEC filing details include an offering of 555,555,555 Class A shares and an assumed $135 IPO price, with Elon Musk projected to retain about 82.4% voting control after the deal. Devere CEO Nigel Green said fundraising is often the easy part, while quarterly expectations around growth, spending, execution, and profitability will intensify once trading begins.