SpaceX Sets IPO Price at $135 per Share, Valuing Company at $1.77 Trillion
SpaceX priced its initial public offering at $135 per share, reaching a valuation of $1.77 trillion. The offering marks the largest IPO in history.
SpaceX set its initial public offering price at $135 per share, according to the company's filing. The pricing gives the aerospace manufacturer a valuation of $1.77 trillion, surpassing all previous stock debuts.
The company, founded by Elon Musk, develops rockets and spacecraft for commercial and government missions. SpaceX operates the Falcon 9 rocket and Starship vehicle, along with the Starlink satellite internet service.
The IPO represents a significant milestone for the private space industry. SpaceX has conducted dozens of orbital launches and resupply missions to the International Space Station.
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