SpaceX is reportedly preparing a $75 billion initial public offering that could become the largest IPO in history.
According to reports, the company plans to offer 555.6 million shares at a fixed price of $135 each, giving it a target valuation of approximately $1.75 trillion when it lists on the Nasdaq under the ticker symbol SPCX.
The proposed listing is expected to begin trading on June 12 following a roadshow scheduled to start this week.
The IPO will be structured as an all-primary offering, meaning all proceeds will go directly to the company rather than existing shareholders. Founder Elon Musk and other current investors will not be permitted to sell shares as part of the offering.
SpaceX plans to use the funds to expand its artificial intelligence computing infrastructure and grow its Starlink satellite internet business, currently the company’s only profitable segment.
The company is also banking on future growth opportunities linked to space-based data centres and long-term Mars exploration ambitions.
Industry analysts note that the proposed valuation significantly exceeds some independent estimates, highlighting investor optimism about SpaceX’s future prospects despite ongoing losses in several business divisions.
