SpaceX is poised to make Wall Street history. The aerospace giant has set its initial public offering price at $135 per share, aiming to raise $75 billion and cementing a staggering $1.77 trillion valuation. Trading under the ticker SPCX on the Nasdaq, the listing is scheduled to kick off on June 12.
The blockbuster IPO signals a pivotal shift in SpaceX’s corporate identity. According to its SEC filings, the company absorbed significant losses last year due to aggressive capital expenditures in artificial intelligence infrastructure. This strategic pivot positions SpaceX not merely as a dominant rocket launch provider, but as a foundational player in the global AI computing and space-based data ecosystem.
Despite the heavy AI investments denting short-term profitability, SpaceX’s top-line growth remains robust, fueled by the relentless expansion of its Starlink constellation. As the largest IPO in U.S. history prepares to debut, it will undoubtedly reset valuation benchmarks for the high-growth tech sector and test the market’s appetite for Elon Musk’s next grand convergence of space and AI.
