SpaceX is aiming to secure $75 billion through an initial public offering, intending to offer approximately 555.6 million shares at a price of $135 per share, as reported by Reuters, citing an individual familiar with the matter.
The aerospace and satellite enterprise, helmed by Elon Musk, is targeting an impressive valuation of $1.75 trillion for its significant IPO, slated for next week. Reuters also indicates that the offering will exclusively comprise newly issued shares.
SpaceX’s roadshow for its IPO is anticipated to commence this coming Thursday.
Earlier reports suggested that SpaceX planned to finalize the terms of its IPO on Wednesday afternoon. The company is poised to lead a series of major public offerings this year, with artificial intelligence startups OpenAI and Anthropic expected to follow suit.
Musk’s space venture is recognized as a preeminent private entity in the aerospace sector. The Tesla CEO has articulated ambitious objectives for the company, encompassing extensive space exploration missions and the deployment of AI-powered data centers in orbit.
However, two of SpaceX’s three divisions are recognized as significant contributors to losses, with only the Starlink satellite communications division generating profits to date.
For the year 2025, SpaceX reported revenues of $18.67 billion and a net loss of $4.94 billion. This latter figure is largely attributable to the acquisition of xAI.
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