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SpaceX eyes $1.75 trillion valuation for record IPO, sources say
🇸🇬 Singapore /Technology

SpaceX eyes $1.75 trillion valuation for record IPO, sources say

From CNA · () English

Translated from English, summarized and contextualized by DistantNews.

At a glance

News Named sources New plan
  • SpaceX is reportedly targeting a valuation of $1.75 trillion for its upcoming Initial Public Offering (IPO).
  • This valuation includes a greenshoe option, which allows underwriters to sell additional shares if demand is high.
  • The IPO is expected to be the largest ever, though details remain subject to market conditions.

SpaceX is reportedly aiming for a staggering valuation of $1.75 trillion as it prepares for a potential Initial Public Offering (IPO). This ambitious target includes the possibility of exercising a greenshoe option, a common practice that allows investment banks to sell more shares than initially planned if investor demand exceeds expectations.

If realized, this valuation would position SpaceX's IPO as the largest in history, significantly surpassing previous records. The aerospace company, founded by Elon Musk, has achieved numerous milestones, including successful satellite launches and the development of Starlink internet services, contributing to its high market potential.

While the $1.75 trillion figure is a target, the final valuation will ultimately depend on market conditions and investor appetite closer to the IPO date. The company has not officially confirmed the details of its IPO plans, but industry sources suggest preparations are well underway.

DistantNews Editorial

Originally published by CNA in English. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.

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