SpaceX took a historic step by officially announcing the price of its shares at $135 per share. In this way, the company founded by Elon Musk completed the placement of 555.6 million shares and raised $75 billion, becoming the largest Initial Public Offering ever made.
This amount far exceeds the $24.9 billion raised by Saudi Aramco in 2019. The operation marks a milestone for the space exploration company, which is now preparing to trade under the symbol SPCX on Nasdaq.
According to information published on the company's website, subscribers already have the shares in their possession and will begin trading them this Friday. Although the initial price is $135, the value could fluctuate once active trading begins.
There are signs of strong demand. Preliminary reports indicate that both large institutional investors and individual buyers are interested in acquiring shares of the 24-year-old company.
Possible expansion and market expectations
If demand exceeds expectations, bankers have the option to place up to 83.3 million additional shares. This would represent about $11 billion more at the opening price.
In the crypto markets, platforms like Hyperliquid are trading synthetic shares around $167. This suggests that participants expect a typical 20% jump on the first day of trading, something common in successful IPOs.
The impact on Elon Musk's fortune would be enormous. With this valuation, the entrepreneur could become the world's first trillionaire, that is, the first person to surpass one trillion dollars in wealth.
Space Exploration Technologies Corp. remains one of the most ambitious companies in the tech sector. Its projects include the world's largest reusable rocket and a new chip plant in the United States, among other large-scale initiatives.
Future challenges to justify the valuation
Despite the initial enthusiasm, important questions remain about how SpaceX will sustain this billion-dollar valuation in the long term. The company faces an ambitious engineering project plan that will require flawless execution and concrete results.
Investors will be watching for progress in launches, technology development, and expansion of its capabilities. For now, the focus is on the stock market debut and how the stock performs in the first days of trading.
The news comes at a key moment for the space and tech industry. SpaceX has demonstrated constant innovation capability, but the market will now assess whether its track record justifies the size of this operation.
This is an unfolding story, with data that will continue to be updated as trading progresses and more details of the initial performance on the stock market are revealed.
