BlockBeats News, June 3rd, according to Reuters, SpaceX plans to set the IPO price at $135 per share for the first time, intending to issue approximately 5.556 billion shares, with a financing amount of up to $750 billion, corresponding to a company valuation of about $1.75 trillion. If successful, it will become one of the largest IPO projects in the history of the global capital market.
The report stated that SpaceX's roadshow will begin this Thursday. Unlike traditional IPOs that usually provide a price range first, SpaceX has clearly defined the target offering price ahead of the roadshow, which is a relatively rare arrangement. The market expects this roadshow to be one of the most watched IPO roadshows in recent years.
Of note, SpaceX has previously completed a merger with xAI, forming a comprehensive platform covering aerospace, satellite communication, and artificial intelligence businesses. The raised funds will be mainly used to expand AI computing infrastructure and further develop the Starlink satellite network.
Reportedly, SpaceX is also considering allocating up to approximately 30% of the offering shares to retail investors to meet market demand and broaden its shareholder base. Meanwhile, Elon Musk will be required to hold at least his shares for 366 days after the IPO to signal long-term holding to the market.
