Stock Market

Story: SpaceX Prices IPO at $135, Pulls In $75 Billion in Biggest Public Offering Ever

By Maheen Hernandez

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What the $135 Price Tag Actually Means. Pricing at $135 wasn't accidental. SpaceX clearly wanted a number that felt accessible to retail…

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Nasdaq Debut and What Traders Are Watching. Friday's first trade is the real test. IPO pricing and IPO trading are two different animals.

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SpaceX set its IPO share price at $135. That single number unlocks $75 billion in fresh capital and pushes the company's fully diluted valuation to roughly $1.

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Shares are set to begin trading on the Nasdaq on Friday. The listing puts SpaceX alongside the biggest technology names on the planet, and every major institutional desk on Wall…

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Not bad for a firm that once nearly went bankrupt.

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Pricing at $135 wasn't accidental. SpaceX clearly wanted a number that felt accessible to retail investors while still reflecting the scale of the business.

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The Nasdaq choice is deliberate, too. It's basically the home of technology giants, and SpaceX is positioning itself as a tech company that happens to build rockets, not a…

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The scale of investor interest seems obvious from the valuation alone. You don't price at $135 and raise $75 billion unless demand is there.

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See also: Warren Pushes SEC to Halt SpaceX IPO Over $2 Trillion Valuation

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SpaceX's debut will probably move the Nasdaq itself, at least briefly. A $1.8 trillion company entering public markets isn't a footnote — it's a market event.

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The aerospace and space exploration sector hasn't seen anything like this. Private space companies have largely stayed private, relying on venture capital and government contracts.

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And the $75 billion doesn't just sit in a bank account. SpaceX has ongoing projects that eat capital at a serious rate.

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Musk's track record with public companies is complicated, to put it gently. Tesla's journey from near-bankruptcy to becoming one of the most valuable automakers on earth is well…

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Related: Immunefi CEO Calls AI the Biggest New Threat Hitting DeFi Security

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The Nasdaq listing puts SpaceX under a new kind of scrutiny. Disclosure requirements, analyst coverage, shareholder pressure — none of that existed when the company was private.

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