(Web Desk) SpaceX is preparing for what could become one of the largest stock market debuts in history, with plans to raise approximately $75 billion through an initial public offering (IPO). According to sources familiar with the matter, the company intends to price shares at $135 each, giving the Elon Musk-led space and technology giant a valuation of about $1.75 trillion.
The company is expected to offer roughly 555.6 million shares in an all-primary sale, meaning the funds raised will go directly to SpaceX rather than existing shareholders. Insiders reportedly will not be allowed to sell shares during the offering, while Musk himself is expected to remain locked in for at least 366 days after the listing.
What makes the IPO particularly unusual is SpaceX’s reported decision to set a fixed share price before launching its investor roadshow. Most companies typically announce a price range and adjust valuations based on investor demand during the bookbuilding process. SpaceX’s approach signals confidence in investor appetite and reflects Musk’s willingness to challenge traditional Wall Street practices.
The company is also seeking to broaden participation by allocating a larger-than-normal portion of shares to retail investors. Reports suggest that as much as 30% of the offering could be reserved for individual investors, a move that may capitalize on Musk’s large and loyal following.
Investor interest is expected to focus heavily on SpaceX’s long-term ambitions. Beyond its successful Starlink satellite internet business, the company is promoting future opportunities tied to artificial intelligence infrastructure, advanced space technologies, and even potential missions to Mars. Some of these projects remain in early stages, but SpaceX believes they could unlock massive new markets in the years ahead.
Financially, the company presents a mixed picture. While revenue has continued to grow, supported largely by Starlink, profitability remains a challenge. SpaceX reported stronger sales in recent quarters but also posted wider losses, highlighting the significant investment required to fund its expansion plans.
Valuation remains a major point of debate. At a projected worth of $1.75 trillion, SpaceX would trade at a revenue multiple far above many established companies. Supporters argue that its unique position in space technology and AI infrastructure justifies the premium, while critics point to the speculative nature of some future revenue assumptions.
The offering could mark the beginning of a new wave of mega-listings, with companies such as OpenAI and Anthropic also expected to explore public market debuts. SpaceX is targeting a Nasdaq listing under the ticker symbol “SPCX,” with trading expected to begin in mid-June.
