SpaceX, Musk and Net Worth
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Elon Musk's SpaceX to launch largest IPO in history at $1.77T value
SpaceX's initial public offering is set at USD 135 a share, valuing the company at USD 1.77 trillion. This makes it the largest IPO in history, surpassing Saudi Aramco's 2019 record and set to raise USD 74.
Space Exploration Technologies Corp, or SpaceX, is looking to raise some $75 billion from its stock market debut, potentially making owner Elon Musk the world's first trillionaire. SpaceX aims to price its initial public offering (IPO) of around 556 million shares at $135 each,
SpaceX targets a $75 billion IPO at $135 a share, implying a $1.75 trillion valuation as investors weigh bold AI plans, widening losses and governance risks.
Elon Musk's SpaceX has put its mission to colonise Mars at the centre of its record-setting plans to go public, aiming to establish a self-sustaining colony of "at least one million inhabitants" on the Red Planet.
Few are as delighted by the pending market debut as the vibrant community of space enthusiasts who want to push discovery of the final frontier.
SpaceX will hold its roadshow on June 4. Ahead of its initial public offering (IPO), Elon Musk's SpaceX has launched a website for retail investors. The rocket maker put up its prospectus, investor Q&A, and roadshow presentation for review on spacexipo.com.