- SpaceX targets a $135 per share IPO price, aiming for a valuation of $1.75 trillion.
- The historic IPO is scheduled for June 12, 2026, with the sale of less than 5% of the company’s shares.
- The offering’s unconventional scale and SpaceX‘s integration of AI through xAI could influence its market performance.
Elon Musk‘s SpaceX is preparing for a monumental public debut on June 12, 2026, targeting an IPO price of $135 per share, according to reports. Consequently, the firm aims to sell roughly 555.6 million shares, seeking a valuation of $1.75 trillion. However, this offering will involve less than 5% of its total shares, raising between $60 million and $80 million.
This unorthodox “take-it-or-leave-it” approach was noted by Weiheng Chen, a senior partner at Wilson Sonsini Goodrich & Rosati, Hong Kong. He stated, “Musk is simply taking a ‘take-it-or-leave-it’ approach which works for his followers and is also sensible given the market conditions and the lack of comparables.” Meanwhile, the IPO will be followed by public listings from AI heavyweights OpenAI and Anthropic, signaling a major market shift.
SpaceX acquired Musk’s xAI earlier this year, integrating Artificial Intelligence capabilities within the space venture. Given the recent massive growth in the AI sector, exemplified by NVIDIA reaching a $5.7 trillion market cap, SpaceX‘s trajectory is closely watched. The IPO’s potential success could elevate Musk’s financial status significantly on a global scale.
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