SpaceX’s long-anticipated initial public offering, which could value the company at about $1.75 trillion, has triggered intense demand from retail investors eager to gain exposure to Elon Musk’s space, satellite, and AI-driven ecosystem.
The listing has quickly become one of the year’s most talked-about fear-of-missing-out trades, even though SpaceX is not yet profitable.
Reports indicate investor demand has already doubled the number of shares available, with underwriters receiving far more orders than supply ahead of pricing.
The SpaceX IPO is priced at $135 per share. The offering plans to raise $75 billion by selling over 555 million shares, giving the company an implied valuation of roughly $1.75 trillion.
At $1.75 trillion, SpaceX is targeting a valuation that would make it one of the largest publicly traded companies in the U.S., surpassing the market capitalisation of Tesla.
In an unusual move for a mega IPO, SpaceX has reportedly set aside as
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