SpaceX plans to set IPO price at $135 per share, targeting record $75 billion raise: Reuters
The offering would value SpaceX at about $1.77 trillion and give Elon Musk about 82% of the voting power, filings show.
- On Wednesday, Space Exploration Technologies Corp. announced plans to price its IPO at $1.75 trillion, or $135 per share, potentially raising up to $75 billion in the largest-ever stock market debut.
- The massive valuation puts Elon Musk on course to becoming the world's first trillionaire, with Forbes estimating his net worth could reach $1 trillion, up from $825 billion.
- Musk will retain 82.4% of the voting power in SpaceX following the offering; the company reported a net loss of $4.9 billion on $18.7 billion of revenue in 2025.
- Investors are bracing for other colossal market debuts, as Anthropic submitted a confidential filing with the Securities and Exchange Commission earlier this week to start its IPO clock.
- SpaceX intends to use proceeds from the sale to build solar-powered data centers in space and establish a permanent human colony on Mars with at least one million inhabitants.
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SpaceX of Elon Musk announced the price of the stock with which it plans to debut in the stock market, waiting for a record valuation of $1.77 billion
SpaceX is aiming for the largest admission in history, 75 billion, to finance its travel projects to Mars and data centres in space.
SpaceX targets largest IPO in history, sets $135 share price ahead of roadshow at $1.75 trillion valuation - Tech Startups
Most companies spend weeks courting Wall Street before settling on an IPO price. SpaceX just flipped that process on its head. In a move rarely seen in U.S. capital markets, Elon Musk’s rocket company publicly set a $135 share price […] The post SpaceX targets largest IPO in history, sets $135 share price ahead of roadshow at $1.75 trillion valuation first appeared on Tech Startups.
SCIENCE & TECH: Elon Musk’s SpaceX sets $135 price for blockbuster IPO
SpaceX publicly set a $135 price for shares in its initial public offering on Wednesday, upending the longstanding Wall Street price-discovery apparatus and underscoring Elon Musk’s determination to raise record sums his way. The company’s decision to publish a price a week ahead of its landmark offering has few if any precedents among major US IPOs, and reflects Musk’s standing in the financial world as an adventurer with a golden touch – even …
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