SpaceX Sets IPO Price at $135 Ahead of Investor Roadshow
Revealed in SEC Filing
Company Valued at $1.77 Trillion
Reflects Frequency Asset and Kursor Acquisition Events
SpaceX, the space company led by Elon Musk, has set its initial public offering (IPO) price at $135 per share ahead of an investor roadshow. Based on this price, the company’s valuation would reach $1.77 trillion, exceeding previous estimates reported by the media.
According to CNBC on June 3 (local time), SpaceX disclosed in documents filed with the U.S. Securities and Exchange Commission (SEC) that it plans to set a fixed price of $135 per share.
This valuation, calculated at $1.77 trillion, would make SpaceX the seventh-largest company by market capitalization on the U.S. stock market. The figure assumes that transactions involving EchoStar’s frequency assets and the acquisition of Kymeta are successfully completed. Currently, SpaceX reportedly holds the right to acquire Kymeta for up to $60 billion.
This far exceeds market expectations. Bloomberg previously projected the company’s valuation to be between $1.5 trillion and $1.8 trillion. CNBC pointed out that this would even surpass Tesla, a major affiliate already listed on the Nasdaq, which has a market capitalization of $1.6 trillion.
SpaceX plans to sell 555.6 million shares, aiming to raise approximately $75 billion. The company is targeting a Nasdaq listing on June 12 and will begin its investor roadshow on the 4th. If successful, this would mark the largest IPO in U.S. history. Attention is focused on whether it will surpass the IPO record set by Saudi Aramco in 2019, which raised about $29.4 billion.
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The market is also paying close attention to the possibility that Musk may seek to integrate SpaceX and Tesla in the long term. Overseas media have reported that Musk has internally discussed integration plans and that the two companies have long shared personnel and resources.
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