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Mario Nawfal: SpaceX IPO to raise $75 billion at $1.75 trillion valuation
Mario Nawfal, founder & CEO at IBC Group, reports that SpaceX is preparing for an initial public offering with $135 per share pricing and 555 million new shares. The deal targets a massive $75 billion all-primary raise at an approximate $1.75 trillion valuation, with proceeds directed to Starship, Starlink, and AI compute initiatives.
According to Nawfal, the IPO roadshow will start this week, and SpaceX is set to debut on Nasdaq under the ticker SPCX on June 12. Morningstar is also expressing interest in the launch.
Nawfal previously reported that the SpaceX IPO filing sent space and satellite stocks sharply higher, with notable gains for firms like Redwire and Firefly. He has also covered major market reactions, such as WTI crude surging and the S&P 500 dropping after Iran’s move to suspend negotiations. The latest SpaceX IPO details add to Nawfal’s ongoing coverage of significant market events.
This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.
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