Framing Analysis
Times of India reports that SpaceX has received over $10 billion in institutional orders for 555.6 million shares priced at $135 each, with pricing set for June 11 and trading beginning June 12 under ticker SPCX on Nasdaq. The coverage projects a $75 billion raise and $1.8 trillion valuation. Multiple analyses note the absence of corroboration from SEC filings, Nasdaq, or SpaceX statements.