SpaceX IPO price would put Musk
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Elon Musk-led SpaceX‘s upcoming IPO could trigger retirement funds, including 401 (k) accounts, worth trillions to invest in the commercial space flight giant following its June public listing. $30 Trillion Worth Of Retirement Funds In a post on X
The SpaceX IPO is moving from speculation to reality. Elon Musk's space company has opened a dedicated investor website and confirmed a $135 share price target. With a projected $1.75 trillion valuation,
SpaceX's IPO filing includes language suggesting future transactions, sparking speculation of a Tesla merger. The company also has an option to acquire AI coding assistant Cursor.
Musk defended SpaceX's lofty valuation, noting that Tesla's IPO market cap was just 0.1% of its current $1.3 trillion value.
For years, Tesla dominated Elon Musk's growth narrative. But SpaceX may soon compete for investor attention, capital, and excitement.
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.
SpaceX’s preparations for its blockbuster initial public offering next week have been unconventional in many ways, like most things involving Elon Musk.Its pricing strategy is no exception.The rocket maker bucked tradition Wednesday when it set a price for its shares over a week before its planned listing rather than setting a range and refining it after days of meetings with investors.