SpaceX Lowers IPO Value to $1.8T, Aiming to Raise $75B Early June
C•SpaceX lowered its IPO valuation target to at least $1.8 trillion and plans to raise up to $75 billion—the largest offering ever—with marketing set for early June and pricing by mid-June. The company generated $18.7 billion revenue in 2025 but recorded a $4.94 billion loss after a $791 million profit.
1. IPO Valuation Lowered to $1.8 Trillion
SpaceX has trimmed its IPO valuation target from over $2 trillion to at least $1.8 trillion following advisor and investor feedback.
2. $75 Billion Raise and Timing
The company aims to raise up to $75 billion—potentially the largest IPO ever—with marketing to launch June 4 and pricing as early as June 11, pending final stakeholder input.
3. Recent Financial Performance
In 2025, SpaceX generated $18.7 billion in revenue, up from $14 billion the prior year, and recorded a $4.94 billion loss after posting a $791 million profit in 2024.
4. Strategic Evolution and Potential Adjustments
SpaceX’s filing outlines a shift toward AI services and orbital data centers targeting a $28.5 trillion market, and it may adjust its valuation again based on investor sentiment during marketing.
