SpaceX Proposes $1.75 Trillion Valuation Ahead of Nasdaq Public Share Offering

Elon Musk's Space Exploration Technologies (SpaceX) has disclosed a target share price of $135 for its forthcoming initial public offering (IPO), projecting a company valuation of approximately $1.75 trillion. This move, uncharacteristically early for a public market debut, positions SpaceX for what would be the largest IPO in history, aiming to raise $75 billion and eclipse Saudi Aramco’s 2019 record of $25.6 billion.

The proposed valuation significantly exceeds SpaceX's earlier estimate of $1.25 trillion. However, the final share price will be determined by market demand, and not all companies maintain or increase their value post-listing; nearly half of companies going public in the last three decades have seen their value decrease.

Samuel Kerr, head of equity capital markets research at Mergermarket, noted that SpaceX's valuation is