SpaceX Valued at $1.75 Trillion Ahead of Historic IPO Launch

Elon Musk’s aerospace giant, SpaceX, has asserted a staggering $1.75 trillion valuation in regulatory filings, signaling a significant jump in worth as the company prepares for its long-awaited entry into the public markets. In a document submitted to the US Securities and Exchange Commission (SEC) outlining its initial public offering (IPO) strategy, SpaceX specified an expected share price of $135 (£100). This figure effectively recalibrates the firm’s internal assessment of its value, marking a substantial rise from the $1.25 trillion estimate recorded earlier this year.

Announcing a targeted stock price more than a week prior to a public debut is an uncommon practice. Typically, firms disclose their intended trading price only on the eve of their market launch. Consequently, SpaceX’s projection of beginning trades on the Nasdaq on June 12 stands out as one of the earliest price indications in stock market history. It is important to note, however, that the $135 figure is a target rather than a guarantee; final pricing will be determined by market demand and could fluctuate significantly.

If the shares achieve or exceed this projected price, SpaceX will instantly rank among the world’s most valuable enterprises. This scenario would also propel Musk, who retains control of over 80% of the company through his personal equity holdings, into the ranks of global trillionaires. Yet, such a trajectory is not assured. Historical data from Dealogic, a capital markets research firm, indicates that nearly 50% of companies going public over the past three decades have seen their valuations drop below their listing prices.

Market experts have expressed caution regarding the company’s pricing. Samuel Kerr, head of equity capital markets research at Mergermarket, described the valuation as “incredibly rich.” He pointed out that SpaceX’s pricing relative to its sales exceeds that of any entity within the “Mag 7” group—Alphabet, Amazon, Apple, Meta, Nvidia, Microsoft, and Tesla, another of Musk’s ventures. Kerr explained that while the metrics may appear steep compared to current performance, the valuation is heavily anchored in projected future earnings and revenue, a factor that may persuade certain investors to overlook present-day comparisons.

Despite these concerns, some industry leaders remain optimistic. Ruth Foxe-Blader, managing partner at US venture capital firm Citrine Venture Partners, highlighted the breadth of SpaceX’s operations as a key attraction. “SpaceX is just an absolutely sprawling, enormous project with so many different selling points, and so many points that really point to the future,” she stated. The company’s diverse portfolio, which includes space exploration infrastructure, the Starlink satellite network, and ownership of AI firm xAI, underpins this forward-looking perspective.

Source: BBC News Generated at: 2026-06-03 22:41:52 UTC