Here Is the Most Jarring Number Ahead of SpaceX's IPO

SpaceX will sell 555,555,555 shares at $135 each on June 12, raising $75 billion at a $1.77 trillion valuation. The most jarring number is its price-to-sales ratio of 93.6, based on $18.7 billion in 2025 revenue. That makes SpaceX 4.7 to 26 times more expensive than Magnificent Seven stocks.