SpaceX Officially Sets IPO Price at $135 Per Share, Valuation Reaches $1.77 Trillion
Odaily Planet Daily News: In a filing submitted to the U.S. Securities and Exchange Commission (SEC) on Wednesday, Elon Musk's SpaceX disclosed plans to fix the offering price at $135 per share (consistent with the price previously revealed by sources) ahead of formally launching its IPO roadshow. SpaceX stated that it plans to issue 555.6 million shares, aiming to raise $75 billion. Typically, at this stage of the IPO process, issuers set a price range to test market demand sensitivity at different price levels. However, SpaceX has adopted a more unique pricing strategy. Based on the $135 per share price, SpaceX's valuation would reach $1.77 trillion. This valuation would make SpaceX the seventh-largest publicly traded company in the United States by market capitalization, surpassing Tesla, which is currently valued at approximately $1.6 trillion. SpaceX plans to officially list on the Nasdaq Stock Exchange on June 12. (Jin Shi)
