SpaceX Valued at Nearly $1.8 Trillion Following Share Sale
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54d ago

SpaceX Valued at Nearly $1.8 Trillion Following Share Sale

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SpaceX has been valued at approximately $1.77 trillion to $1.8 trillion following a share sale. According to the New York Post, the company priced an initial public offering (IPO) at $135 per share, which it described as the biggest-ever for the United States.

Reports indicate that SpaceX sold 555.56 million shares. The company, which provides space, satellite, and AI services, reached the $1.77 trillion valuation through this offering, according to the New York Post.

The BBC reported that the company is valued at nearly $1.8 trillion ahead of the record share sale. The BBC further stated that the public sale is expected to make Elon Musk the world's first trillionaire.

No further details regarding the specific terms of the sale or the company's future guidance were provided in the sources.

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