SpaceX Files for Largest IPO in History at $135 Per Share
SpaceX plans to sell approximately 555.6 million shares at $135 each in its upcoming IPO, potentially raising $75 billion and valuing the company at $1.77 trillion, according to SEC filings.
According to new SEC filings, SpaceX intends to offer roughly 555.6 million shares at a price of $135 per share in its initial public offering. At that price, the offering would raise $75 billion, making it the largest IPO in history by a wide margin.
The implied valuation of SpaceX would be approximately $1.77 trillion. The figure underscores the market's appetite for high-growth space and technology companies.
Details were first reported by The Kobeissi Letter. The SEC filing marks a major milestone for the private space exploration firm, which has long been anticipated to go public.
Source: The Kobeissi Letter