SpaceX has filed for an initial public offering on the Nasdaq exchange, targeting a $1.77 trillion valuation and aiming to raise $75 billion through a June 12 debut.
Key Points
- SpaceX plans to sell 555.6 million shares at a fixed price of $135 per share.
- The company reported a $4.9 billion net loss on $18.7 billion in revenue for 2025.
- Elon Musk will retain 82% of voting rights through a dual-class stock structure.
- Shares are scheduled to begin trading on the Nasdaq stock exchange starting June 12.
- The valuation would make SpaceX the world’s seventh-largest company, surpassing Tesla and Meta.