SpaceX plans to set IPO price at $135 per share, targeting record $75 billion raise: Reuters
The fixed-price sale would give Musk about 82% of voting power and could make SpaceX the world’s most valuable public company.
- 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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175 Articles
Elon Musk's SpaceX Could Get An Extra $11.25 Billion Boost As Demand For Its Historic IPO Builds: Here's
SpaceX’s blockbuster IPO aims to raise over $75 billion via its upcoming listing in June, but the Elon Musk-led company could get an additional boost via its underwriters, like Goldman Sachs Group Inc. (NYSE:GS). An Underwriter-Backed Boost In a post on the social media platform X on Wednesday, influencer Sawyer Merritt cited SpaceX’s filings with the Securities and Exchange Commission (SEC). data-variant="card" data-news-mode="manual" > Read …
SpaceX, the space technology and satellite communications company led by Elon Musk, is planning to raise about $75 billion through a record-breaking initial public offering (IPO), according to a regulatory filing. The company aims to offer 555.5 million shares at an initial price of $135 per share. Based on about 13 billion shares outstanding, the listing would value SpaceX at about $1.77 trillion, making it among the world's most valuable compa…
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