SpaceX Price Tag is ‘Very Steep’: Renaissance’s Kennedy

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… 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)