Jim Chanos questions SpaceX's valuation as its New York IPO seeks to raise $75B on Friday.
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Elon Musk is all about big numbers — millions, billions, even trillions – and there are plenty of them associated with SpaceX and Musk's plans to take the rocket maker public. The prospectus for the SpaceX stock debut shows spending at a massive scale — greater than the economic output of some countries — and about to grow much larger as Musk races to make good on his promise to hurl people to distant planets. Money to be raised in the initial public offering — estimated at $75 billion — will help finance those futuristic, fantastical plans.
The market is already treating tomorrow’s SpaceX IPO as one of the most important public offerings in decades. Investors are focused on valuation, demand, and whether the company can justify the excitement surrounding a business that spans launch services, Starlink internet, artificial intelligence, robotics, and advanced manufacturing. Yet the bigger story may be what happens ... Prediction: Elon Musk Will Target 2 Trillion-Dollar Acquisitions After the SpaceX IPO
More than 4,400 current and former SpaceX employees stand to gain life-changing wealth as the rocket company prepares to debut on Nasdaq
Investing.com -- New Street Research has initiated coverage of SpaceX with a 12-month price target of $165, representing 22% upside from the proposed IPO price and corresponding to a $2.3 trillion equity value following the company's potential acquisition of Cursor.
SpaceX could raise about $75 billion and reach a $1.8 trillion valuation.
The IPO market could finally be getting its moment in 2026. A number of high-profile private companies are expected to pursue public listings, giving investors one of the most anticipated IPO calendars in years. SpaceX has set its initial public offering price at $135 a share, targeting a valuation ...
SpaceX (SPCX) started trading on Friday following the biggest IPO ever.
SpaceX (SPCX) started trading on Friday following the biggest IPO ever.
SpaceX (SPCX) started trading on Friday following the biggest IPO ever.
SpaceX's priced its IPO Thursday night ahead at $135 a share ahead of the stock's debut on the Nasdaq on Friday, June 12.
SpaceX's record-breaking IPO enters its final stretch, with the deal set to "price" Thursday night ahead of the stock's debut on the Nasdaq on Friday, June 12. But this pricing night will look nothing like the ones Wall Street, and investors, are used to.
Buying SpaceX stock after June 12 is only one way to get exposure following the biggest IPO in history. Here are the three ways in, and what to know about each investment method.
SpaceX's market debut on Friday is expected to be the largest-ever IPO, capping the meteoric rise of a company that has reshaped the space business with reusable rockets and internet beamed from orbit and which now targets space-based AI. Aiming for a $1.75 trillion valuation that would instantly rank it among the world's most valuable companies, SpaceX is pitching itself as humanity's ticket to Mars. Its financials, though, show a company whose aggressive spending on computing power for AI and developing a new rocket has overwhelmed the profits from its Starlink satellite internet service.
Even before going public, Elon Musk’s SpaceX has become a household name in America — more widely recognized than legacy Apollo-era companies and even prominent 2028 presidential hopefuls, according to a Reuters/Ipsos poll. For the last decade, SpaceX rockets have regularly returned to ocean platforms or giant mechanical arms on the launchpad in controlled landings that resemble science fiction. Just 13% say they have never heard of SpaceX.
SpaceX is seeking to sell 555 million shares at $135 each, raising $75 billion and valuing the rocket maker at $1.77 trillion — making it one of the largest public companies.
Elon Musk is expected to appear virtually at an event by computer chip equipment giant ASML on Thursday to discuss Terafab, his plan for a massive chipmaking plant to supply Tesla and IPO-bound SpaceX. The pricing of the initial public offering of Musk's SpaceX, potentially the largest ever, is expected later on Thursday. "Musk will share his vision on AI, robotics, space, and semiconductor manufacturing," an ASML spokesperson said in a statement.
SpaceX's IPO has reportedly attracted demand far exceeding available shares, with only about 7% of stock expected to be freely tradable after listing.
The SpaceX IPO prospectus makes several bold claims.
The stock market debut of Elon Musk's AI and space company could make thousands of SpaceX employees significantly wealthier, including some of the firm's lowest-paid staff.View on euronews
Index fund buying could one day become a powerful force behind the rocket maker's stock. But some of the index's oldest rules stand in the way.
SpaceX offers dominance, but Rocket Lab offers greater upside.
Black expects a strong debut, saying Goldman Sachs and Morgan Stanley could "engineer a Day 1 pop" for SpaceX investors.
WSJ's Micah Maidenburg visits Brownsville, Texas, the city next to Starbase — an incorporated village that Elon Musk created to house SpaceX employees — ahead of SpaceX's massive IPO. The IPO is expected to create a new slew of new millionaires in the area. The Journal spoke to business owners, politicians and residents to find out how they are preparing.
SpaceX, Elon Musk’s space-transport and satellite business, is on track to complete the largest IPO in history on Friday, June 12, under the Nasdaq ticker SPCX.
Recent filings clarify SpaceX's biggest growth opportunities.
You can't spell SpaceX without "space," but the company could be shifting its focus to another hot tech trend.
The stock market is at critical levels amid AI fears, Trump comments. Oracle earnings beat late. The SpaceX IPO is about to begin its countdown.