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SpaceX Prices Record IPO at $135/Share, ~$1.75 Trillion Valuation, Trading as SPCX June 12
SpaceX is pricing what would be the largest IPO in history after market close June 11 — roughly 556.6 million shares at $135, targeting a ~$75 billion raise at a ~$1.75 trillion valuation, with trading set to open on Nasdaq under ticker SPCX on June 12. TechCrunch notes much of the valuation is effectively a call option on SpaceX's planned space-based AI data centers. The offering, led by Goldman Sachs, ties the AI-compute buildout narrative directly to public markets at unprecedented scale.
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