SpaceX has priced its long-awaited initial public offering at $135 a share, aiming to raise about $75 billion in what would be the largest IPO in U.S. history and value the rocket and satellite company at roughly $1.75 trillion.<\/p>\n
The company is selling about 555.6 million shares in an all-primary offering, meaning the proceeds flow to SpaceX itself rather than to existing shareholders cashing out. The stock is expected to begin trading on the Nasdaq under the ticker “SPCX,” with its debut slated for June 12.<\/p>\n
A group of Wall Street banks is leading the deal, including Goldman Sachs, Morgan Stanley, BofA Securities, Citigroup, J.P. Morgan and Barclays. The structure, an unusually large fixed-price offering, departs from the traditional IPO playbook and reflects the extraordinary investor demand surrounding the company.<\/p>\n
SpaceX has said the funds will help expand its three core businesses: its rocket and launch operations, including continued development of the Starship vehicle; its Starlink satellite-internet and mobile-service network; and a growing artificial-intelligence computing effort tied to its 2026 collaboration with xAI.<\/p>\n
Chief executive Elon Musk is expected to retain firm control of the company through the offering’s share structure. If completed at the targeted size, the listing would rank as a milestone for both the space industry and the public markets.<\/p>\n
Figures reflect the company’s pricing terms and are subject to change before the listing.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":" SpaceX priced its IPO at $135 a share to raise about $75 billion at a $1.75 trillion valuation, set to debut on the Nasdaq under the ticker SPCX on June 12.<\/p>\n","protected":false},"author":1,"featured_media":10156,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[220,3902],"tags":[],"class_list":["post-10157","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-tech"],"_links":{"self":[{"href":"https:\/\/miaminewsnetwork.com\/index.php?rest_route=\/wp\/v2\/posts\/10157","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/miaminewsnetwork.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/miaminewsnetwork.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/miaminewsnetwork.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/miaminewsnetwork.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=10157"}],"version-history":[{"count":0,"href":"https:\/\/miaminewsnetwork.com\/index.php?rest_route=\/wp\/v2\/posts\/10157\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/miaminewsnetwork.com\/index.php?rest_route=\/wp\/v2\/media\/10156"}],"wp:attachment":[{"href":"https:\/\/miaminewsnetwork.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=10157"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/miaminewsnetwork.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=10157"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/miaminewsnetwork.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=10157"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}