Key facts
- SpaceX set its IPO price at $135 per share.
- The company aims to raise $75 billion through the IPO.
- SpaceX's valuation is expected to be $1.75 trillion.
- The investor roadshow begins Thursday.
- Pricing is expected on June 11, with trading to start June 12.
- Up to 30% of the offering may be allocated to individual investors.
SpaceX has set its initial public offering (IPO) price at $135 per share, with the intention of raising $75 billion and valuing the company at $1.75 trillion. This pricing strategy deviates from standard Wall Street practices by establishing a fixed price before the marketing phase of the deal commences. The company will kick off an investor roadshow on Thursday, with pricing expected on June 11 and trading to begin on the Nasdaq the next day. SpaceX is also considering allocating as much as 30% of the offering to individual investors, an unusually large retail tranche. Major international banks have been urged to focus on lining up wealthy individual buyers in their home countries, a shift from the past focus on large asset managers and hedge funds. The company's revenue rose 33% to $18.67 billion in 2025, but posted a net loss of $4.94 billion.