SpaceX is reportedly planning a historic IPO at $135 per share.
SpaceX Plans IPO with Potential Pricing at $135 per Share
SpaceX, the aerospace company founded by Elon Musk, which specializes in rockets and satellite telecommunications, is reportedly considering setting the price of its initial public offering (IPO) at $135 per share, according to sources familiar with the matter.
The operation could raise approximately $75 billion through the sale of 555.6 million shares, leading to an estimated valuation of $1.75 trillion, a record level for a private company.
This IPO is part of an anticipated wave of mega-IPOs in the tech sector, alongside industry giants like OpenAI and Anthropic, following several years of relative market stagnation.
In a departure from tradition, SpaceX is expected to take an unusual approach by setting the price ahead of the customary investor roadshow, a method considered atypical in financial markets.
A portion of the offering may be reserved for retail investors, reflecting Elon Musk’s strong popularity among the general public and individual investors.
The funds raised are expected to support developments in artificial intelligence, bolster the Starlink satellite network, and finance futuristic projects such as space data centers.
The IPO is anticipated to be listed on Nasdaq under the ticker symbol “SPCX”, with a launch projected around June 12, according to available information.
