{"id":143743,"date":"2026-06-03T11:12:11","date_gmt":"2026-06-03T14:12:11","guid":{"rendered":"https:\/\/ubirataonline.com.br\/spacex-said-to-target-75-billion-in-ipo-at-135-per-share\/"},"modified":"2026-06-03T11:12:14","modified_gmt":"2026-06-03T14:12:14","slug":"spacex-said-to-target-75-billion-in-ipo-at-135-per-share","status":"publish","type":"post","link":"https:\/\/ubirataonline.com.br\/en\/spacex-said-to-target-75-billion-in-ipo-at-135-per-share\/","title":{"rendered":"SpaceX Said to Target $75 Billion in IPO at $135 Per Share"},"content":{"rendered":"

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(Bloomberg) — SpaceX is planning to offer shares \u200bat $135 apiece to raise $75 \u200bbillion in its \u2060initial public \u200boffering, according to people familiar with the matter, as Elon Musk rejects another Wall Street convention by setting a fixed price ahead of the marketing phase of the deal.<\/p>\n

Most Read from Bloomberg<\/p>\n

The rocket, satellite and artificial intelligence company aims to sell 555.6 million shares in the offering, the people said. Deliberations are ongoing and details of the IPO could still change before the terms are disclosed as soon as Wednesday, or even during the marketing process, they said, asking not to be identified as the information isn\u2019t public.<\/p>\n

The move adds to the unconventional aspects of a deal that\u2019s set to be the biggest ever listing. Most companies listing in the US typically announce a price range before marketing shares during investor presentations, with only a handful of tiny firms opting for a fixed price. Such offerings are more common in Europe and Asia. For example, the Hut Group raised $2.5 billion in a London IPO in 2020.<\/p>\n

Reuters reported the details of SpaceX\u2019s terms on Tuesday. A representative for SpaceX didn\u2019t respond to a request for comment.<\/p>\n

Musk has long disdained the norms that the executives who run giant public companies typically embrace. In 2018 when considering taking Tesla Inc. private, he tweeted \u201cfunding secured\u201d at $420 a share. He settled a lawsuit with the US Securities and Exchange Commission over the incident, with Musk and Tesla agreeing to pay investors a combined $40 million without admitting or denying wrongdoing.<\/p>\n

The billionaire also said at the time that he was working with Goldman Sachs Group Inc. on the deal. The bank hadn\u2019t been formally tapped in any such capacity, though it later agreed to advise him.<\/p>\n

SpaceX\u2019s IPO is among the most closely watched public listings globally. Its rapid march to market after confidentially filing in March \u2014 and then publicly last month \u2014 comes as investors closely monitor a pipeline of potential offerings from other high-profile technology companies.<\/p>\n

The company is targeting a valuation of at least $1.8 trillion in the offering, Bloomberg has reported.<\/p>\n

\u201cFrom a valuation perspective, it\u2019s definitely not cheap,\u201d said Fabien Yip, market analyst at IG International. \u201cInvestors are buying into hopes of the company\u2019s exponential growth in the future given it\u2019s not yet profitable.\u201d<\/p>\n<\/p><\/div>\n