SpaceX Prices $75B IPO at $1.77T Valuation
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- SpaceX priced 555.6 million shares at $135 each, raising $75 billion in what Bloomberg and dozens of other outlets are calling the biggest-ever IPO
- The pricing gives SpaceX a market value of $1.77 trillion, placing it in the top ranks of the largest public companies
- Elon Musk is on the verge of becoming the world's first trillionaire, per Bloomberg's lede and echoed across the Washington Post, The Hill, and others
- Coverage spanned every major financial outlet — Reuters, FT, WSJ, CNBC, NYT, Bloomberg, AP, Forbes, and many more — all converging on the record-size framing
- SpaceX shares are set to trade on Nasdaq, with the Economic Times noting the company 'will trade Friday on the Nasdaq exchange'
- One Yahoo Finance video headline cuts against the celebratory consensus, asking whether 'buyers are betting on an idea, not a business'
Why it matters: SpaceX's $75B raise at a $1.77T valuation immediately resets the record for the largest IPO in history, eclipsing prior benchmarks and putting Elon Musk within reach of trillionaire status. The deal's scale — covered by virtually every major financial outlet on the same day — means the IPO itself becomes the market-moving event, with Nasdaq listing and forced index-buying as stated downstream effects.
