Elon Musk's SpaceX has unveiled a proposed share price ahead of its planned stock market debut, a move that would value the company at about $1.75 trillion and potentially make it the largest initial public offering (IPO) on record.

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In regulatory filings, the company said it intends to offer shares at $135 each. If achieved, the valuation would mark a sharp increase from the roughly $1.25 trillion valuation assigned to the company earlier this year.

The proposed pricing is notable because companies typically reveal their target IPO price only shortly before trading begins. SpaceX disclosed its estimate more than a week ahead of its expected Nasdaq debut on 12 June.

Record Fundraising Ambitions

SpaceX aims to raise $75 billion through the offering, far surpassing the current IPO record set by Saudi Aramco, which raised $25.6 billion in 2019.

If investor demand supports the proposed share price, SpaceX would immediately rank among the world's most valuable companies. Musk, who owns more than 80% of the company, could also see his personal wealth rise to unprecedented levels.

However, the final IPO price will be determined by market demand and could differ from the company's target.

Investors Betting on Future Growth

SpaceX's valuation reflects expectations for future growth rather than current profitability.

According to Samuel Kerr, head of equity capital markets research at Mergermarket, the company is being valued at a higher sales multiple than any member of the so-called "Magnificent Seven" technology giants — including Alphabet, Amazon, Apple, Meta, Microsoft, Nvidia and Tesla.

Kerr said investors may be willing to accept the premium because of expectations for future earnings and revenue growth.

Losses Persist Despite Rising Revenue

Officially known as Space Exploration Technologies, the company generated $18.6 billion in revenue last year but reported a net loss of $4.9 billion.

During the first quarter of this year, revenue reached $4.7 billion, while net losses totaled $4.3 billion.

Its balance sheet shows assets worth $102 billion, including rockets and infrastructure, alongside debt of $60.5 billion.

Beyond its rocket-launch business, SpaceX is investing heavily in artificial intelligence, social media, data centres and satellite internet services through Starlink, while also maintaining ownership of xAI.

Uncertain Market Reception

Despite the company's scale and growth ambitions, its market debut carries risks. Data from Dealogic indicates that nearly half of companies that have gone public over the past three decades have subsequently traded below their IPO valuation.

Whether investors embrace SpaceX's ambitious pricing will become clearer when trading begins later this month.

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Adapted by ASEAN Now. Source 4 June 2026

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pump and dump

there is zero need to trying to go to mars

while most people cannot afford one healthcare SCARE in the USA because of crazy insurance and hospital prices without bankrupsy

musk also pays ZERO TAX as a billionaire

the rules apparently also have been changed, just for spaceX ... initial investors can dump their stock way sooner , etc ...

3 minutes ago, Jimbolkb said:

pump and dump

there is zero need to trying to go to mars

while most people cannot afford one healthcare SCARE in the USA because of crazy insurance and hospital prices without bankrupsy

musk also pays ZERO TAX as a billionaire

the rules apparently also have been changed, just for spaceX ... initial investors can dump their stock way sooner , etc ...

Jim, you ever hear of Tax write offs?

Going into outer space has many advantages. There are many experiments going on while on the trip by all countries. The astronauts are not just sitting around looking at each other.

But all the lefties were telling me he's a fool and losing his fortune after buying X.

They wont be pleased to hear this.

Maybe they can start vandalizing spaceships or something.

There are likely already quite a few trillionaires in the world. However many do not want to be on the Forbes list or similar lists, and they operate under the radar. MBS, many other royals, as well as members of the deep state, whom none of us are aware of by name. They are all likely trillionaires.

The troubling part of Musk becoming a trillionaire is that he does not seem to be stewarding his wealth with grace, or dignity, and he does not seem to be a man of generosity, and he's already a superfreak as a billionaire, who knows what this additional wealth could do to his mental health?

SpaceX is worth less than half of its $1.75 trillion IPO target, Morningstar says

https://www.cnbc.com/2026/06/03/morningstar-spacex-ipo-target-price-nasdaq.html

8 hours ago, spidermike007 said:

There are likely already quite a few trillionaires in the world. However many do not want to be on the Forbes list or similar lists, and they operate under the radar. MBS, many other royals, as well as members of the deep state, whom none of us are aware of by name. They are all likely trillionaires.

The troubling part of Musk becoming a trillionaire is that he does not seem to be stewarding his wealth with grace, or dignity, and he does not seem to be a man of generosity, and he's already a superfreak as a billionaire, who knows what this additional wealth could do to his mental health?

He is the richest by all verified sources, and by a large margin. You need a bit more evidence than saying "it is likely they are trillionaires", because you think someone is hiding a trillion dollars somewhere. It has nothing to do with being on a Forbes list. All his wealth is public knowledge, all in shares or company ownership, and anyone with a bit of time could calculate his known net worth. He's not on these lists because he wants to be. He doesn't have a choice in it. As for the Royals, the richest is the King of Thailand, at about 30 billion.

Today, he was listed at 723 trillion on Bloomberg and 823 billion on Forbes real-time billionaires list, a whopping 1/2 trillion ahead of his closest rival, Larry Page. If there is anything that is likely, Elon Musk has hidden wealth.

This forum, as well as being very anti-Trump, is also anti-Musk. There was a lot of Musk hate flying around during the Tham Luang Cave rescue in 2018 when he was worth less than 20 billion, and the richer he gets, the more people here hate him. Everyone was calling him a loser for paying 44 billion for Twitter... now that's just pocket change for him. As a bonus, it is currently valued between 32 and 44 billion.

Regarding him not paying tax, he doesn't receive a salary and only pays tax when he exercises stock options or sells shares, which, when he does, is huge. He also employs about 150,000 people in his companies, and with his companies, he stimulates the economy, and now you're worried about how he stewards his wealth and his mental health?

10 minutes ago, JensenZ said:

He also employs about 150,000 people in his companies, and with his companies, he stimulates the economy,

Let's compare this to Bernie Sanders and AOC.