SpaceX Price Tag is 'Very Steep': Renaissance's Kennedy

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Why This Matters

Analysis of stock market developments showing neutral sentiment.

Sentiment
Neutral
AI Confidence
50%
Time Horizon
Short Term

Article Context

Note: This is a brief excerpt for context. Click below to read the full article on the original source.

Matt Kennedy, senior strategist at Renaissance Capital joins Matt Miller on "Bloomberg Deals." SpaceX is offering 555.6 million shares at a fixed price of $135 each, which would raise about $75 billion. The stock is set to start trading on June 12. The IPO is expected to rank as the biggest ever, topping Saudi Aramco’s $29.4 billion listing in 2019. (Source: Bloomberg)

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Summary

Analysis of stock market developments showing neutral sentiment.

Time Horizon

Short Term

Original article published by Bloomberg on June 10, 2026.
Analysis and insights provided by AnalystMarkets AI.