Elon Musk's SpaceX Prices Record $75 Billion IPO at $135 a Share

Elon Musk's SpaceX Prices Record $75 Billion IPO at $135 a Share

SpaceX, the aerospace company founded by Elon Musk, has priced its highly anticipated initial public offering (IPO) at $135 per share, valuing the company at approximately $75 billion and marking one of the largest public market debuts in the history of the space industry. The offering reflects strong investor confidence in SpaceX's long-term growth prospects, driven by its dominant position in commercial rocket launches, expanding satellite internet business, and ambitious plans for deep-space exploration. Demand for the shares reportedly exceeded supply by a significant margin, prompting underwriters to finalize pricing at the upper end of expectations. The IPO represents a major milestone for SpaceX, which has spent more than two decades transforming the economics of spaceflight through reusable rocket technology. The company has become a key partner for both commercial customers and government agencies, including NASA, while steadily increasing the frequency and reliability of i…

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