Elon Musk's SpaceX plans to price its initial public offering at $135 per share to raise roughly $75 billion [1, 2].
This move would represent the largest IPO in history, providing the company with massive capital to fund ambitious aerospace projects and expanding its reach in the global market.
According to a source familiar with the matter, SpaceX intends to sell approximately 555.6 million shares [2]. This strategy aims to secure a valuation that could reach $1.75 trillion when including a greenshoe option [4]. Other reports suggest a slightly lower target valuation of roughly $1.5 trillion [5].
Reports indicate the company is weighing a mid-June timeline for the offering [3, 6]. This timing reportedly aligns with a rare planetary alignment and Musk's own birthday in June [7].
There are conflicting reports regarding the total capital the company expects to raise. While some sources cite the $75 billion figure [1], others report the IPO could raise as much as $50 billion [5].
SpaceX has made its filing in New York to enter the U.S. market [2]. The company has historically operated as a private entity, but the shift to a public company allows it to access public equity markets to sustain its growth, and infrastructure needs.
“SpaceX plans to price its initial public offering at $135 per share”
A successful IPO of this magnitude would solidify SpaceX's dominance in the private space sector and provide the liquidity needed for Mars-bound ambitions. However, the discrepancy in valuation and proceeds reports suggests that the final terms remain fluid and subject to market conditions at the time of the June launch.
