SpaceX IPO: A $1.77 trillion valuation

SpaceX IPO priced at $135 per share, valuing the company at $1.77 trillion while Elon Musk retains 82 percent control

SpaceX has made history with a record-breaking $75 billion IPO, pricing shares at $135 and achieving a staggering $1.77 trillion valuation.

The move instantly places the company among the most valuable publicly listed firms in the United States, marking a major milestone for Elon Musk’s space and technology empire.

Despite the public offering, Elon Musk retains firm control of the company with an 82 percent stake, while 30 percent of shares have been allocated to retail investors.

The listing is expected to attract significant interest from both institutional and everyday investors eager to gain exposure to the rapidly expanding space sector.

SpaceX is targeting a market estimated to be worth $28.5 trillion, though it faces growing competition and reported losses last year.

Even so, investor confidence remains strong as the company prepares for its next phase of growth and innovation.

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