SpaceX sets $135 IPO price, targets $1.75T valuation

SpaceX has publicly set a $135 price for its shares in its initial public offering, a move that deviates from traditional Wall Street price-discovery methods. The company aims to raise $75 billion, potentially the most ever for an IPO, valuing it at $1.75 trillion. This valuation places it among the top 10 most valuable U.S.-listed firms. The investor roadshow is scheduled to begin on Thursday, with pricing expected on June 11 and trading to commence on Nasdaq the following day. SpaceX is also considering allocating a significant portion, up to 30%, of the offering to individual investors. Despite concerns about the high valuation, the company's unique position in aerospace, telecom, and defense, coupled with Elon Musk's reputation, creates strong investor demand. SpaceX reported a net loss of $4.94 billion in 2025 on revenue of $18.67 billion.