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28 briefings · “ipo”
A massive Google-SpaceX compute deal lands just a week before SpaceX’s IPO, signaling demand and leverage shifts in space infrastructure.
SpaceX wants to raise up to $75bn at $135 a share, but critics say the fixed-price deal may leave buyers overpaying before book building even starts.
The filing fixes SpaceX at 555.6 million shares at $135 apiece, while Musk still controls 82.4% of voting power and public buyers get a sliver of the float.
A fixed $135 IPO roadshow price would put SpaceX at $1.75 trillion, a milestone that reshuffles how founders, boards, and public-market investors compare private and listed giants.
