SpaceX IPO Oversubscribed, Valued at $1.8 Trillion for June 12 Listing
SpaceX will officially list on the NASDAQ on June 12 under the ticker symbol "SPX". The IPO is priced at $135 per share, offering 55.56 billion shares to raise approximately $75 billion, targeting a valuation of $1.8 trillion, which would make it the largest IPO in human history. According to investment banking sources, the IPO has been oversubscribed by more than 5 times, with extremely strong demand from institutional investors. SpaceX's Starlink project now has over 80 million users, generating $12.5 billion in revenue in Q1 2026. Proceeds from the IPO will primarily fund Starship development and Starlink satellite constellation expansion.
#SpaceX #IPO #ElonMusk #Starlink #SpaceIndustry
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