Stories

Thu, 04 Jun 2026

Thu, 04 Jun 2026 SpaceX says it’s worth $1.75tn as it nears stock market debut

Elon Musk’s space exploration company set a target price for buyers earlier than expected.
SpaceX, Elon Musk's space exploration company, has filed an initial public offering (IPO) with the US Securities and Exchange Commission, revealing that its shares are expected to be priced at $135 each when it goes public next week. This valuation would put the company's worth at around $1.75 trillion, up from an earlier estimate of $1.25 trillion. The estimated price is a rare move by a company, typically only revealed on the day before trading begins. SpaceX plans to raise $75 billion in its IPO, the largest amount ever raised in an initial public offering. If its shares sell at or above the expected price, it will become one of the most valuable companies in the world and Musk could become a trillionaire. However, experts warn that valuations can be subject to fluctuations and that almost half of companies that have gone public in the last 30 years have seen their value decrease compared to when they listed.