SpaceX Targets $75B IPO Valuation That Would Top Meta Platforms
META•SpaceX plans to sell 555,555,555 Class A shares at $135 apiece, raising roughly $75 billion in a fixed-price IPO valuing the company at $1.75 trillion. At that valuation SpaceX would outrank Meta Platforms among the ten most valuable U.S.-listed companies, potentially shifting investor focus away from Meta.
1. SpaceX Files Terms For $75B IPO
SpaceX disclosed plans to sell 555,555,555 Class A shares at $135 each, raising about $75 billion and targeting a $1.75 trillion valuation. The company set a fixed price before its roadshow begins June 4, with pricing expected June 11 and Nasdaq trading under SPCX slated for June 12.
2. Implications For Meta Platforms
At a $1.75 trillion valuation SpaceX would join the top ten U.S.-listed companies, surpassing Meta Platforms and shifting potential investor interest away from the social media giant. Meta could face increased competition for capital as SpaceX’s blockbuster offering redefines IPO benchmarks.
