SpaceX plans to sell 555.6 million shares at $135 each, raising $75 billion in its upcoming public offering.
SpaceX will launch its initial public offering on June 12, targeting a $1.8 trillion valuation as shares debut on the Nasdaq under the ticker SPCX. The company aims to raise $75 billion by selling 555.6 million shares at $135 each.
Underwriters have the option to purchase an additional 83.33 million shares, potentially adding $11.2 billion in capital if the stock trades above the IPO price. Elon Musk owns approximately 85% of existing shares, with employees and venture capital investors holding the remainder.
Current investors and employees can trade shares internally, though outside investors face restrictions or high fees to gain exposure before the IPO.