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SpaceX sets IPO price at $135 per share, aims to raise $75 billion

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SpaceX has set a fixed IPO price of $135 per share to raise about $75 billion, valuing the company near $1.77 trillion. The offering includes 555,555,555 Class A shares with an option for underwriters to buy an additional 83.3 million shares within 30 days, potentially raising up to $86 billion. Elon Musk is expected to retain 82.4% voting power through Class B shares. Proceeds will fund expansion in AI infrastructure, launch vehicles, and satellite constellations. In Q1 2026, SpaceX reported $10.1 billion in capital expenditures, with $7.7 billion allocated to its AI division.

๐Ÿ”Ž Why it matters: The fixed $135 share price and dual Class A and B share structure define valuation and Musk's control post-IPO.
๐Ÿ“ˆ Upside: The IPO will fund expansion in AI, launch infrastructure, and satellite constellations.
๐Ÿ“‰ Risk: High spending and a $4.9 billion net loss indicate financial risks amid aggressive growth.
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