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aerospace / news / 2026-06-03 / Devdiscourse

SpaceX plans to raise $75 billion in its initial public ‌offering by selling 555.6 million shares at a target price of $135 per share.

SpaceX plans to raise $75 billion by selling 555.6 million shares in its IPO.

KEY POINTS

The company set a specific target price of $135 per share before its IPO roadshow.
This early announcement of a set price is highly unusual for companies at this IPO stage.
SpaceX's IPO would value the company at $1.75 trillion if priced as targeted.

SpaceX plans to raise $75 billion in its initial public ‌offering by selling 555.6 million shares at a target price of $135 per share, ‌a source familiar with the matter told ‌Reuters. Reuters reported earlier on Tuesday that the rocket and satellite communications company hoped to ⁠raise at least $75 billion, ⁠at a valuation of $1.75 trillion. The specific target ⁠price is extremely unusual at this stage because companies planning to go public ⁠typically set a price range before talking to ⁠investors in a series of presentations called a roadshow. SpaceX's roadshow begins ⁠on Thursday. Usually a specific target price is ⁠not ⁠set until the day before the offering. (This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)

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