Key facts
- SpaceX's IPO is scheduled for June 12, with shares priced at $135.
- The offering aims to raise $75 billion, with a potential valuation of $1.77 trillion.
- Over $70 billion in retail orders have reportedly been received, with 20% of shares allocated to individual investors.
- The company plans to deploy 100,000 next-generation Starlink satellites to support AI data centers in space.
- SpaceX reported $18.67 billion in revenue and a $4.94 billion net loss for 2025.
SpaceX is preparing for its initial public offering, expected to begin trading on June 12 on Nasdaq under the proposed ticker symbol SPCX. The company is reportedly seeking to raise $75 billion by selling 555 million shares at $135 each, which would imply a valuation of approximately $1.77 trillion. Investor demand has reportedly surged, with over $70 billion in retail orders received, and 20% of the offering allocated to individual investors.
This IPO is seen as a significant test of investor confidence in future technologies, particularly Elon Musk's vision for Starlink, artificial intelligence, and space infrastructure. While supporters point to SpaceX's potential to revolutionize communications, transportation, and space exploration, critics highlight the substantial gap between its current financial performance, including a reported $4.94 billion net loss in 2025 on $18.67 billion revenue, and its high valuation.
The offering's size and the intense investor excitement could lead to significant volatility in early trading sessions. Long-term investors are focused on SpaceX's ability to grow into its valuation by expanding its satellite internet services and developing new space technologies.