Key facts
- SpaceX's $75 billion IPO is oversubscribed.
- The company is valued near $1.8 trillion.
- Shares are priced at $135.
- Trading is expected to begin in mid-June.
- The listing could become the largest ever, surpassing Saudi Aramco.
SpaceX's initial public offering (IPO) of $75 billion has already seen more orders than shares available, indicating significant institutional demand. The offering is priced at $135 per share, valuing the company at approximately $1.8 trillion. This valuation positions SpaceX to potentially become the largest IPO in history, exceeding the record set by Saudi Aramco. Trading for SpaceX shares is anticipated to commence in mid-June.