SpaceX Targets US$1.77 Trillion Valuation
Source: Investing News Network
2026-06-05 08:41:28 ET
Elon Musk’s SpaceX bypassed a traditional price range for its initial public offering (IPO), setting a fixed price of US$135 a share to target a US$1.77 trillion valuation.
In an updated prospectus filed with the Securities and Exchange Commission (SEC), the company outlined plans to sell 555.6 million shares. The offering would raise US$75 billion, making it the largest US market debut on record and eclipsing Alibaba (NYSE:BABA) Holding’s 2014 listing.
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SpaceX Targets US$1.77 Trillion Valuation
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