SpaceX’s (SPCX) priced its IPO Thursday night at $135 a share ahead of the stock’s debut on the Nasdaq (^IXIC) on Friday, June 12.

Though it was expected that SpaceX would keep its $135 offer, it involved a process that Wall Street and investors were not used to.

In a conventional IPO (which technically is the night it “prices” as opposed to the first day of trade, which is its “market debut”), the company and its underwriters look over orders and weigh demand and settle on a final price, often above or below the marketed range.

SpaceX and CEO Elon Musk are going a totally different route, though not altogether surprising given Musk’s whims and contrarian nature. SpaceX said in its updated IPO prospectus that it was selling…