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Confirmed
Elon Musk
Noticia
SpaceX sets IPO price at $135 per share with $1.77 trillion valuation
SpaceX has set a fixed IPO price of $135 per share, implying a valuation of $1.77 trillion. The company plans to sell 555.6 million shares, raising $75 billion, with an option for underwriters to purchase an additional 83.33 million shares for $11.2 billion. Elon Musk will retain over 82% voting control after the offering. The Nasdaq debut is scheduled for June 12 under the ticker SPCX, making it the largest IPO in U.S. history, surpassing Alibaba and Tesla, which has a market cap of about $1.6 trillion.
- Fixed IPO price at $135 per share
- Total valuation of $1.77 trillion
- Planned sale of 555.6 million shares
๐ Why it matters: The $135 per share IPO price and $1.77 trillion valuation position SpaceX as the seventh-largest U.S. company, surpassing Tesla.
๐ Upside: The offering will allow SpaceX to raise $75 billion while maintaining Musk's majority ownership.
๐ Risk: The high valuation depends on closing transactions with EchoStar and Cursor, which may affect the final valuation.
๐ค Automated analysis and summary. Every story links its original source for verification.