SpaceX Sets IPO Price at $135 per Share... to Raise $75 Billion in Largest IPO Ever

Aerospace company SpaceX has set its initial public offering (IPO) price at $135 per share, maintaining the preliminary price range previously indicated.

Reuters Yonhap News Agency

According to foreign media outlets such as Bloomberg News on June 11 (local time), SpaceX plans to raise $75 billion by selling 555.56 million shares in this IPO. This amount far surpasses the previous record of $29.4 billion raised by Saudi Arabia's state-owned oil company Aramco in 2019. If the plan proceeds as scheduled, it will become the largest IPO in history.

Based on the offering price, SpaceX's corporate valuation is estimated at $1.77 trillion. In this scenario, SpaceX is expected to rank among the world's top listed companies by market capitalization immediately after listing.

The largest shareholder is founder and Chief Executive Officer (CEO) Elon Musk. Musk will retain more than 80% of the voting rights after the IPO through mechanisms such as dual-class shares. The second-largest shareholder is Valor Equity Partners. SpaceX President Gwynne Shotwell and Chief Financial Officer (CFO) Bret Johnsen are also among the major shareholders.

This content was produced with the assistance of AI translation services.