SpaceX Eyes Record $1.75 Trillion Valuation Ahead of IPO
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New York: Elon Musk's aerospace and satellite company SpaceX has set itself up for perhaps the largest stock market debut ever, with a target value of $1.75 trillion as it prepares to go public later this month. The company plans to sell shares for $135 each in order to raise about $75 billion through its first public offering (IPO).
If the listing proved successful, SpaceX would rapidly become one of the world's most valuable publicly traded companies. Trading under the ticker name SPCX is expected to begin in the Nasdaq on June 12, with pricing scheduled on June 11.
SpaceX's dominance in commercial space launches and the quick expansion of its satellite internet firm, Starlink, have sparked investor interest. As it continued to make significant investments in growth and new technology, the corporation recorded a net loss of around $5 billion in 2025 despite reporting revenue of roughly $18.7 billion.
SpaceX's IPO structure is unique in that it reserves up to 30% of shares for individual investors, eschewing some conventional Wall Street pricing methods in a possible attempt to increase public participation.
However, several experts have cautioned that the expense could be difficult to justify. Morningstar, a research group, recently evaluated SpaceX's fair worth at roughly $780 billion, claiming that the proposed IPO price already contributes to much of the company's projected future growth.
The IPO is expected to increase the wealth of founder Elon Musk, who is expected to maintain a majority voting control following the listing.
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