SpaceX targets $135 IPO price at $1.75 trillion valuation
The proposed valuation positions the aerospace firm ahead of Tesla, though figures remain unconfirmed by official filings.
SpaceX is targeting a fixed initial public offering price of $135 per share, a move that implies a corporate valuation of $1.75 trillion, according to a source. This pricing strategy, set for the company’s roadshow, would position the aerospace manufacturer as the seventh-largest company in the United States by market capitalisation.
The proposed valuation would place SpaceX ahead of Tesla, which currently holds a market capitalisation of approximately $1.6 trillion. If the IPO proceeds at the targeted price point, Elon Musk’s company would effectively overtake Tesla in terms of total market value, marking a significant shift in the hierarchy of major US-listed entities.
The specific $135 price target and the resulting $1.75 trillion valuation are based on source reports rather than official financial filings from the company. As such, these figures represent the current direction of the offering process rather than confirmed final terms. The final IPO price and valuation may vary depending on investor demand and market conditions during the roadshow period.
Tesla’s market capitalisation is approximate and subject to daily fluctuations, meaning the gap between the two companies could narrow or widen before SpaceX’s listing is finalised. However, the source data suggests that the $1.75 trillion benchmark is the intended floor for the valuation, aiming to secure a premium position among the largest US corporations.
This development highlights the intense interest in SpaceX’s entry into the public markets. While the $135 price point is the current target, investors and analysts will be watching closely to see if the roadshow generates sufficient demand to support this valuation or if adjustments are made closer to the listing date.
