SpaceX Prices $75B IPO at $135 While Google AI Glasses Target 17.5M Shipments
GOOG•
GOOG•SpaceX plans to sell 555.6 million shares in its IPO at $135 each, raising $75 billion and targeting a $1.8 trillion valuation with pricing as early as June 11. Google’s AI-enabled smart glasses are projected to drive wearable shipments to 17.5 million units in 2026, boosting its hardware revenue.
SpaceX plans to sell 555.6 million shares at $135 apiece in a $75 billion initial public offering, aiming for a $1.8 trillion valuation. The company will begin formal marketing on June 4, with pricing as early as June 11 and a debut under the symbol SPCX.
Shipments of Google's AI-enabled smart glasses are expected to reach 17.5 million units in 2026, reflecting strong demand for AR overlays and real-time language translation. This surge in wearable volume is poised to enhance Google’s consumer hardware revenue and solidify its position in the expanding wearables market.