SpaceX IPO at $1.77 Trillion Valuation

SpaceX will go public on June 12 at $135 per share, aiming to raise $75 billion at a $1.77 trillion valuation. The IPO is over four times oversubscribed. A $10,000 investment at the IPO price would buy about 74 shares, but the company remains unprofitable due to AI division losses of $4.3 billion in Q1 2025.