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SpaceX Sets IPO Price at $135 Per Share, Targeting $1.7 Trillion Valuation

SpaceX Sets IPO Price at $135 Per Share, Targeting $1.7 Trillion Valuation

SpaceX is targeting an initial public offering price of $135 per share, according to the company's latest financial disclosures. The price would value the private rocket builder at roughly $1.7 trillion, making it one of the most valuable companies to ever go public in the United States.

The $1.7 Trillion Figure

The valuation stems from the proposed share price and the number of outstanding shares after the offering. At $1.7 trillion, SpaceX would rank among the largest U.S. companies by market capitalization, though the final valuation could shift depending on investor demand and market conditions before the listing.

IPO Price Details

The $135 per share price is set by SpaceX and its underwriters. That figure represents the amount the company expects to raise from each share sold to the public. The exact number of shares to be offered has not yet been disclosed, but the valuation implies a large block of shares will be available for trading.

What the Offering Means

SpaceX has been a closely held private company for more than two decades. Its decision to go public now comes after years of speculation about a possible listing. The IPO will allow individual investors to buy shares in a company that has so far been accessible only to institutional investors and SpaceX staff.

The offering is still in its targeting phase and has not yet been formally priced. The company has not announced a specific date for the IPO, but the disclosure of the $135 target gives potential investors a clear starting point for their own valuations.