Results: SpaceX IPO at $1.77 trillion valuation
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It's official: SpaceX is on track to be the largest IPO in history, seeking to raise $75 billion once it goes public on June/12/2026. The company will sell 555.6 million Class A shares at a fixed price of $135 each, combined with the company's total shares outstanding, that prices SpaceX at roughly $1.77 trillion; enough to make it, on arrival, the seventh-largest company in the U.S. per the Fortune 500 list. What is clear is that Elon Musk has full control of the company as the founder, CEO, CTO, and chairman; he holds roughly 82.4% of voting power after the offering, enough to elect or eject a majority of the board outright and to make SpaceX a "controlled company" exempt from certain Nasdaq governance rules. Public shareholders are just along for the ride to space while Musk is laughing all the way to the bank. Would you invest in SpaceX for a share of Elon Musk's vast fortune?
Yes
14%
•
228 votes
No
51%
•
810 votes
Undecided
16%
•
262 votes
Not Applicable
19%
•
300 votes
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