Elon Musk’s aerospace firm aims to raise $75 billion in its public debut with a targeted $1.75 trillion valuation.
SpaceX will offer 556.6 million shares at $135 each in its initial public offering, targeting $75 billion in proceeds. The company seeks a $1.75 trillion valuation, positioning it among the largest IPOs in history.
Reports suggest the IPO could launch as early as next week. Analysts previously estimated SpaceX’s valuation based on recent funding rounds and market conditions, though no prior public share sales exist for comparison.
The offering follows heightened investor interest in private space ventures, with SpaceX’s satellite and launch businesses driving growth expectations.