Global law firm White & Case LLP has advised Société Générale as sole retail coordinator of the retail offering conducted in France for the initial public offering (IPO) of Space Exploration Technologies Corp. (SpaceX).
The transaction totaled approximately US$86 billion (post-greenshoe), making it the largest IPO ever recorded. SpaceX shares are listed on NASDAQ New York. The retail offering was made pursuant to a prospectus approved within the European Union.
Founded in 2002 by Elon Musk, SpaceX is an aerospace manufacturer and space transportation company that designs, manufactures, launches, and operates advanced rockets, spacecraft, and related products and services. The company is building an integrated portfolio of hardware, software and infrastructure across space, connectivity and artificial intelligence.
The White & Case team in Paris which advised on the transaction was led by partners Thomas Le Vert and Boris Kreiss and included partners Max Turner, who advised on US law matters, and Emilie Rogey, who advised on regulatory matters.
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