SpaceX sets its IPO share price at $135, targeting a valuation exceeding $1.7 trillion amid strong investor demand.
SpaceX has priced its highly anticipated initial public offering at $135 per share, positioning the company for a valuation surpassing $1.7 trillion. The IPO is reportedly oversubscribed, reflecting significant investor interest after weeks of market speculation.
This valuation would place SpaceX among the most valuable publicly traded companies globally, though the offering structure remains unconventional compared to typical IPOs. No prior valuation or consensus estimates were publicly disclosed ahead of the pricing.
The IPO is expected to proceed this week, with market participants closely monitoring its impact on broader equity markets and the aerospace sector.