SpaceX targets $1.75trn IPO as investors question the price
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.
By Khalid Al-Harbi·· 4 min
3 briefings · “ipos”
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.
Index providers are rewriting entry rules for giant IPOs, which could push retirement funds into SpaceX and Anthropic sooner than most savers expect.