{"id":49389,"date":"2026-06-12T08:30:05","date_gmt":"2026-06-12T02:45:05","guid":{"rendered":"https:\/\/nepalsamaj.com\/en\/?p=49389"},"modified":"2026-06-12T08:30:05","modified_gmt":"2026-06-12T02:45:05","slug":"musks-spacex-prices-record-75-billion-ipo-at-135-a-share","status":"publish","type":"post","link":"https:\/\/nepalsamaj.com\/en\/musks-spacex-prices-record-75-billion-ipo-at-135-a-share\/","title":{"rendered":"Musk’s SpaceX prices record $75 billion IPO at $135 a share"},"content":{"rendered":"
<\/div>

Reuters :\u00a0 SpaceX (SPCX.O), opens new tab on Thursday priced the biggest-ever U.S. initial public offering at $135 per share, making Elon Musk\u2019s rocket and spacecraft manufacturer one of the world\u2019s most valuable companies.<\/p>\n

The IPO raised a record $75 billion on \u200bthe sale of 555.56 million shares, valuing the space, satellite and AI provider at $1.77 trillion, a record for an initial offering. Reuters reported last week that the firm was setting the price at $135.<\/p>\n

Thursday\u2019s pricing caps off a \u200cmonths-long effort that realized Musk’s most ambitious project yet even as he stood a handful of financial traditions on their heads, and as some analysts question whether its lofty valuation is justified.
\nSpaceX will rank seventh among U.S.-listed firms when its shares begin trading on the Nasdaq on Friday, though it lost money last year and other mega-caps far outpace its revenue.<\/p>\n

That values the company more highly than firms as varied as JPMorgan Chase (JPM.N), opens new tab, Berkshire Hathaway (BRKa.N), opens new tab and Eli Lilly (LLY.N), opens new tab, as well as tech giants such as Meta Platforms (META.O), opens new tab and Musk\u2019s own Tesla (TSLA.O), opens new tab.<\/p>\n

“The real test will be how the market digests the IPO over the next several weeks, not \u200bjust one day,\u201d said Adam Sarhan, chief executive of 50 Park Investments in New York. \u201cThe pricing came in just about right – not too hot, not too cold. Clearly retail investors are buying and, at this stage, they are a \u200bbig component of this. We need to see follow-through after the first day of trading.”<\/p>\n

The sale breaks the previous record for the largest-ever IPO held by state-run oil giant Saudi Aramco, which \u2060raised $25.6 billion on Riyadh’s exchange in December 2019, valuing it at $1.71 trillion. In inflation-adjusted terms, Aramco raised $33.2 billion for a $2.21 trillion value.<\/p>\n

SpaceX’s $1.77 trillion valuation, based on 13.08 billion shares outstanding, could rise further should the underwriters exercise their right to sell additional shares, a \u200bdecision typically made within 30 days after the offering. Reuters reported previously that SpaceX was seeking a $1.75 trillion valuation.<\/p>\n","protected":false},"excerpt":{"rendered":"

Reuters :\u00a0 SpaceX (SPCX.O), opens new tab on Thursday priced the biggest-ever U.S. initial public offering at $135 per share, making Elon Musk\u2019s rocket and spacecraft manufacturer one of the world\u2019s most valuable companies. The IPO raised a record $75 billion on \u200bthe sale of 555.56 million shares, valuing the space, satellite and AI provider […]<\/p>\n","protected":false},"author":1,"featured_media":49390,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[15],"tags":[],"class_list":["post-49389","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-world"],"_links":{"self":[{"href":"https:\/\/nepalsamaj.com\/en\/wp-json\/wp\/v2\/posts\/49389"}],"collection":[{"href":"https:\/\/nepalsamaj.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/nepalsamaj.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/nepalsamaj.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/nepalsamaj.com\/en\/wp-json\/wp\/v2\/comments?post=49389"}],"version-history":[{"count":1,"href":"https:\/\/nepalsamaj.com\/en\/wp-json\/wp\/v2\/posts\/49389\/revisions"}],"predecessor-version":[{"id":49391,"href":"https:\/\/nepalsamaj.com\/en\/wp-json\/wp\/v2\/posts\/49389\/revisions\/49391"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/nepalsamaj.com\/en\/wp-json\/wp\/v2\/media\/49390"}],"wp:attachment":[{"href":"https:\/\/nepalsamaj.com\/en\/wp-json\/wp\/v2\/media?parent=49389"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/nepalsamaj.com\/en\/wp-json\/wp\/v2\/categories?post=49389"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/nepalsamaj.com\/en\/wp-json\/wp\/v2\/tags?post=49389"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}