Key facts
- SpaceX set an IPO price of $135 per share.
- The company aims to raise $75 billion in its IPO.
- SpaceX targets a $1.75 trillion valuation.
- The investor roadshow begins Thursday.
- Pricing is expected June 11, with trading to start June 12 on Nasdaq.
- Major investment banks are hosting pre-IPO investor events for SpaceX.
SpaceX has publicly set a $135 price for its shares in its initial public offering, aiming to raise $75 billion and achieve a $1.75 trillion valuation. 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. The company is also considering allocating up to 30% of the offering to individual investors. Despite concerns about the high valuation, investor demand is strong, driven by the company's position in aerospace, telecom, and defense, and Elon Musk's reputation. SpaceX reported a net loss of $4.94 billion in 2025 on revenue of $18.67 billion. Wall Street investment banking giants, including Bank of America, JPMorgan, and Morgan Stanley, are hosting investor events featuring SpaceX executives ahead of the IPO.