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📢 Gate Plaza | 6/10 Hot Topics: #SpaceX认购规模超2500亿美元
SpaceX IPO Final Price Confirmed at $135 Per Share with Trading Set to Begin on June 12
The highly anticipated SpaceX initial public offering has officially priced at $135 per share, with public trading scheduled to commence on June 12 under the ticker symbol SPCX. This landmark IPO has attracted unprecedented investor interest, with total demand exceeding $250 billion according to Reuters reports, representing an oversubscription rate of approximately 3.5 to 4 times the planned $75 billion fundraising target. The offering will see SpaceX sell approximately 555.6 million shares, valuing the company at roughly $1.75 to $1.77 trillion, positioning it among the most valuable publicly traded companies globally.
The overwhelming demand for this IPO reflects strong investor confidence in SpaceX's business model, which centers on its Starlink satellite internet constellation as the primary revenue driver. The company reported approximately $18.7 billion in revenue for 2025, though it continues to operate at a net loss as it scales its ambitious space infrastructure projects. The IPO represents a significant milestone for Elon Musk's aerospace venture, potentially making him the first trillionaire in history given his substantial ownership stake.
Analysts have already begun issuing price targets for the stock. New Street Research initiated coverage with a $165 price target, representing approximately 22% upside from the IPO price and implying a post-deal valuation of $2.3 trillion. Their projections suggest SpaceX could generate $195 billion in revenue and $65 billion in EBIT by 2030, driven primarily by Starlink expansion and commercial space launch services. However, some fundamental analysts suggest fair value closer to $55 to $65 per share based on current financial metrics, highlighting the significant premium investors are paying for future growth potential.
Market observers anticipate potential volatility in early trading given the low float of approximately 3% and the extraordinary retail interest in this offering. The combination of limited supply and massive demand could drive significant price appreciation in the initial trading sessions, though long-term performance will depend on the company's ability to execute its ambitious roadmap including Mars colonization plans and continued Starlink subscriber growth.
The SpaceX IPO comes months after the company acquired artificial intelligence startup xAI, which incorporates the X social media platform, bringing three of Musk's companies under a unified corporate structure. This consolidation may provide synergies across the various ventures while also introducing additional complexity for investors evaluating the business.
The final pricing was determined on June 11, 2026, with trading set to begin on June 12. Investors who participated in the subscription process through platforms like Gate will receive their allocations between June 11 and June 12, with the stock becoming available for trading shortly thereafter.
Discussion Questions for the Community:
Question 1: Did you participate in the Gate SpaceX IPO subscription? Share your subscription order details with the community.
I participated in the Gate SpaceX IPO subscription with a moderate allocation, recognizing both the significant potential upside and the inherent risks associated with investing in a pre-profitability company at a premium valuation. The unprecedented demand for this offering suggests strong institutional and retail confidence, though the limited float means many interested investors may not receive their desired allocation. For those who secured shares, the key consideration is whether to hold for the long term based on SpaceX's ambitious vision or take profits during the expected initial volatility.
Question 2: What do you think the final price of SPCX will be? How much room for growth is there?
Based on current analyst coverage and market sentiment, I anticipate SPCX could trade between $150 and $180 in the initial sessions due to the combination of low float and extreme demand. The New Street Research target of $165 appears reasonable in the near term, though the stock could overshoot significantly on retail euphoria before settling into a trading range. Long-term growth potential depends on execution of the Starlink business plan and progress toward Mars missions. If SpaceX achieves its projected $195 billion revenue by 2030, the stock could support significantly higher valuations, though investors should remain cognizant of the execution risks inherent in such ambitious targets. The fair value range of $55 to $65 suggested by some analysts represents a potential downside scenario if growth slows or competition intensifies in the satellite internet market.@Gate_Square #MyGateTradeStory