Elon Musk’s SpaceX sets $135 price for blockbuster IPO, upending Wall Street convention
SpaceX has set a $135 price for its upcoming IPO, aiming to raise a record $75 billion. This unprecedented move reflects Elon Musk's influence and innovative approach to the IPO process. The company plans to allocate a significant portion of shares to retail investors, marking a departure from traditional practices on Wall Street.
- ▪SpaceX is aiming to raise $75 billion, the most ever for an IPO.
- ▪The company's valuation is projected to be $1.75 trillion, placing it among the top 10 most valuable US-listed firms.
- ▪Musk's strategy includes giving retail investors a larger role in allocations and pushing for early index inclusion.
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Business breaking Elon Musk’s SpaceX sets $135 price for blockbuster IPO, upending Wall Street convention By Reuters Published June 3, 2026, 4:57 p.m. ET See more of our coverage in your search results. Add The New York Post on Google SpaceX publicly set a $135 price for shares in its initial public offering on Wednesday, upending the longstanding Wall Street price-discovery apparatus and underscoring Elon Musk’s determination to raise record sums his way. The company’s decision to publish a price a week ahead of its landmark offering has few if any precedents among major US IPOs, and reflects Musk’s standing in the financial world as an adventurer with a golden touch. SpaceX’s amended IPO filing confirms a Reuters report on the $135 price from earlier this week.
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