SpaceX Sets Largest IPO in History at $75 Billion, Valuing Company at $1.75 Trillion
SpaceX has officially priced what is set to become the largest initial public offering in history, selling roughly 555.6 million shares at $135 each and raising about $75 billion. The deal values Elon Musk’s company at approximately $1.75 trillion and positions it among the world’s most valuable publicly traded firms. Trading is expected to begin Friday under the ticker SPCX.
The offering arrives after years of growth in SpaceX’s launch business and Starlink satellite internet network. While investors have embraced the company’s long-term ambitions in space transportation, communications, and artificial intelligence, critics argue the valuation is difficult to justify given recent losses and aggressive growth assumptions.
Subscribe free for daily political analysis they won’t broadcast. Join 110K+ readers →
Social reaction has been intense. Retail investors reportedly submitted demand well above available shares, while analysts and market commentators continue debating whether the IPO reflects SpaceX’s current business or expectations for future breakthroughs.
The IPO also strengthens Musk’s position as one of the most influential figures in technology, finance, and aerospace.
Subscribe free for daily political analysis they won’t broadcast. Join 110K+ readers →