SpaceX Pitches $1.78 Trillion Valuation in IPO Plan

SpaceX is reportedly pitching investors on an initial public offering that could value the company at up to $1.78 trillion. The plan aims to raise between $75 billion and $86 billion, which would make it one of the largest Wall Street debuts in history.
SpaceX Pitches $1.78 Trillion Valuation in IPO Plan

SpaceX Pitches $1.78 Trillion Valuation in IPO Plan SpaceX’s plan to go public is rapidly turning into one of the most ambitious market debuts ever, as the company links its rocket business, satellite internet and fast‑growing AI unit into a single, towering valuation pitch.

Early June filings and record‑breaking targets

On June 3, SpaceX disclosed that it plans to raise $75 billion in an initial public offering expected within weeks, an amount that “would be the largest IPO ever, and it’s not even close.” The company said it intends to offer 555.6 million shares at $135 each, implying a valuation of about $1.75 trillion.

Soon after, financial press reports described the deal as a “historic IPO,” with Elon Musk’s company pitching investors on a $1.78 trillion valuation that would make the rocket and AI group’s debut the biggest in Wall Street history. Another report noted that at $135 per share, SpaceX would be valued at $1.77 trillion and become “the seventh-biggest company in the U.S. by market cap,” above Tesla’s then‑roughly $1.6 trillion value.

AI, Starlink and the growth narrative

Analysts say the eye‑popping numbers rest heavily on SpaceX’s AI ambitions. Goldman Sachs has projected that SpaceX’s AI revenue could “increase 100-fold by 2030,” a forecast that helps underpin the $1.78 trillion valuation now being marketed. Axios reports that while SpaceX began as a launch provider and still makes most of its money from Starlink connectivity, its “big bet” is now on artificial intelligence and orbital data centers.

Market access and retail investor angle

Alongside the Wall Street roadshow, Musk has amplified messaging on X about the offering. He posted “SpaceX IPO info,” linking to corporate material that framed the company as founded “to make life multiplanetary” and now expanding that mission “with our Starlink constellation and AI solution.”

He also highlighted a move by Fidelity to open IPO access to smaller investors, retweeting a post that said the brokerage would make the deal available to any customer with a retail account holding $2,000 or more because “SpaceX has decided to reserve a much higher percentage of the offering (up to 30%).” That push underscores SpaceX’s attempt to combine an unprecedented valuation with unusually broad retail participation.

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