SpaceX Targets $75B Record IPO at $135 Share Price
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- SpaceX announced plans to raise $75 billion in an IPO by selling 555.6 million shares at $135 each, valuing the company at nearly $1.77 trillion.
- The IPO would become the largest ever, surpassing all previous market‑capitalization records.
- JPMorgan is set to pitch the offering to its ultra‑wealthy clients, with CEO Jamie Dimon participating in the roadshow.
- The offering is slated to launch next week, according to multiple sources.
- The $135 price per share is the set IPO price.
Why it matters: The $75 billion raise gives SpaceX a massive cash infusion to fund its AI and space ambitions, while ultra‑rich investors gain access to a historic IPO; JPMorgan secures a lucrative advisory role, reshaping the capital‑raising arena for tech‑heavy firms and could set a new benchmark for future offerings.
