SpaceX Raises $75B in Record IPO, Shotwell Floats Possible Tesla Merger
SPCX•SpaceX completed a record $75 billion IPO at a $1.77 trillion valuation, setting a public offering record. President Gwynne Shotwell said SpaceX may issue significant equity for future mergers with Tesla while focusing on rocket production, ISS missions and expanding broadband services.
1. Record-Breaking IPO
SpaceX priced 555.6 million shares at $135 each, raising $75 billion and achieving a $1.77 trillion valuation—the largest public offering in history.
2. Merger Speculation
President Gwynne Shotwell declined to rule out a future merger with Tesla, noting overlaps in goals and that SpaceX may issue significant equity to finance such deals.
3. Operational Focus
Shotwell emphasized current priorities of sustaining rocket production, conducting ISS missions, flying crewed launches and expanding Starlink broadband to underserved regions before pursuing M&A opportunities.
