SpaceX is targeting a fixed initial public offering price of $135 per share as it prepares to enter the U.S. stock market [1].
This move represents a historic shift for the private aerospace firm, potentially positioning it as the seventh-largest company in the United States by market value. The valuation would place SpaceX above other major industrial giants and surpass the current market capitalization of Tesla [1, 4].
According to reports from Yahoo Finance and Space.com, the targeted share price would value the company at roughly $1.77 trillion [2, 4]. Other reports, including those from CNBC, place the proposed valuation slightly lower at $1.75 trillion [1].
Elon Musk, the CEO of SpaceX, said the roadshow for the offering would be June 3, 2026 [1, 2]. The capital raise is intended to support the company's expanding operations and ambitious long-term goals in space exploration.
To provide a comparison of the scale, the proposed valuation exceeds the roughly $1.6 trillion market capitalization of Tesla [1]. This would make SpaceX a dominant force in the global financial landscape, moving it from a privately held entity to a publicly traded powerhouse.
The company has also been securing infrastructure for its growth. This includes a 100 percent property tax exemption for a planned factory near Austin, Texas [5].
“SpaceX is targeting a fixed initial public offering price of $135 per share”
The transition of SpaceX from a private company to a public entity allows it to access massive amounts of public capital to fund the Starship program and Starlink satellite constellation. By targeting a valuation that exceeds Tesla's, Musk is signaling that the commercialization of space is now viewed by markets as a larger economic opportunity than the transition to electric vehicles.
