SpaceX (SPCX) Sets IPO Price at $135, Valuing Company at $1.75 Trillion
Published on Β· Source: finance.yahoo.com
AI Summary
Summarized by AI from the source belowSpaceX has filed an amended prospectus with the SEC, establishing a fixed IPO price of $135 per share, implying a base valuation of approximately $1.75 trillion. The company plans to sell 555.6 million Class A shares, with underwriters holding an option for an additional 83.33 million shares. This unconventional approach to pricing, bypassing traditional steps, could be seen as a demonstration of confidence in the IPO process. In 2025, SpaceX reported consolidated revenue of $18.67 billion, a 33% increase, with its Starlink service generating $11.39 billion in revenue and $4.4 billion in operating income.
Informational only, not financial advice. Content is AI-generated and may contain errors. How this works.
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