SpaceX plans to set IPO price at $135 per share, targeting $75 billion raise
SpaceX is targeting a $135 per share price in its planned IPO next week and aims to raise a record $75 billion. The offering could become the largest in US market history.
Photo: SpaceX / PexelsAccording to Investing.com sources, SpaceX is considering setting its IPO price at $135 per share for the offering planned next week. The company is targeting a $75 billion raise, the report said. If realized, that would be the largest figure in US IPO history.
A separate report said the offering points to a $1.75 trillion valuation and would include a greenshoe option. SpaceX did not comment on pricing. A standalone IPO from the company could reshape founder holdings and secondary markets that have traded its equity privately.
Investor demand for the offering is reportedly heavy. SpaceX's Starlink unit and launch services have broadened the company's revenue base in recent years. A successful IPO could set a benchmark in US capital markets for other large private technology firms.
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