SpaceX Prices $75B IPO at $135/Share
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- SpaceX priced its IPO at $135/share, selling 555.6M shares to raise $75B — the largest public offering in history according to Bloomberg and 30+ other outlets
- The pricing gives SpaceX a $1.77 trillion market value, vaulting it into the top ranks of the world's largest public companies ahead of its Nasdaq debut
- Elon Musk is on the cusp of becoming the world's first trillionaire on paper, a framing led by Reuters and the Washington Post
- Yahoo Finance frames the deal as buyers "betting on an idea, not a business," an angle most other outlets did not surface
- Fortune reports SpaceX "lowballed its bankers on fees," with Goldman Sachs finding alternative ways to profit from the offering
- Benzinga flags that retail investors may see disappointing allocation despite the record-sized raise
Why it matters: SpaceX's $75B raise at a $1.77T valuation instantly makes Musk the world's first trillionaire on paper, while Fortune flags that SpaceX "lowballed its bankers on fees" — a rare power shift to the issuer at this scale. With 555.6M shares priced at $135, the offering sets a new ceiling for both private-company IPOs and the issuer-underwriter dynamic.
