SpaceX officially prices shares at $135 in the largest IPO ever
The offering drew more than $100 billion in retail orders and gives ordinary investors rare access through a 30% retail allocation.
- On Thursday, Space Exploration Technologies Corp. set its final IPO price at $135, with trading beginning Friday at a valuation of $1.77 trillion, making it history's largest IPO.
- Renaissance Capital strategist Matt Kennedy estimates SpaceX alone may raise more money than all U.S. IPOs in 2024 and 2025 combined, anchoring what he calls a "top-heavy" IPO boom.
- The U.S. venture secondaries market, estimated between $62.5 billion and $120.9 billion in 2025, harbors fraud risks as Anduril cofounder Matt Grimm warned of "wildcat" sellers preying on retail investors.
- Many secondary sales use "special purpose vehicles," or SPVs, which Rainmaker Securities CEO Glen Anderson said trade units rather than shares without requiring company approval, obscuring investor economics.
- The upcoming IPO will unearth how many synthetic shareholders exist in SpaceX, potentially exposing the secondary market's true scale, after Morningstar analysts wrote last week the company is "overvalued.
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Elon Musk's SpaceX is about to go public, and its $75 billion IPO could be the biggest ever
SpaceX, Elon Musk's company, is approaching a stock market debut that could become one of the most closely watched in years and may make history right away. According to NPR, which cited SpaceX's June filing with the Securities and Exchange Commission, the company plans to sell more than 555 million shares at about $135 each. That offering would raise $75 billion, and public trading is expected to begin Friday under the ticker SPCX. What's happe…
The Conversation
SpaceX raised $75B in record IPO – here’s why insiders like Elon Musk are much likelier than public stock buyers to get rocket-powered returns these days
SpaceX is among the many companies that hope their initial public offerings take off. AP Photo/John RaouxElon Musk’s SpaceX is becoming a publicly traded company after selling 555.6 million shares in what was the biggest initial public offering in history. But my new research suggests that investors who bought those shares are unlikely to see the explosive growth that past IPOs had. The rocket and satellite maker raised US$75 billion on June 11,…
SpaceX sets $135 share price in $75B IPO, valuing Elon Musk firm at $1.77T
SpaceX priced its IPO at $135 per share, raising a record $75B and valuing Elon Musk’s company at $1.77T, the largest IPO ever; shares begin trading Friday on Nasdaq, with Musk retaining 82% control amid questions over valuation, with 30% allocated to retail investors in a landmark offering
Elon Musk's company has confirmed the 135 dollars per share in placing the company in the stock exchange. It will be the largest IPO ever and comes to worth above the billion.
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