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Set the IPO Price at $135 per Share, SpaceX Raises $75 Billion
Elon Musk’s space company, SpaceX, has officially set the initial offering price at $135 per share. Through this offering, SpaceX raised $75 billion, making it one of the largest fundraising efforts in the history of global capital markets.
At this IPO price, SpaceX’s valuation is now about $1.77 trillion. This figure places the company among the most valuable technology entities in the world and strengthens its position as a leader in the commercial space industry.
The success of this offering reflects the high level of investor interest in SpaceX’s business, which covers rocket launches, space transportation services, defense contracts, and the Starlink satellite internet network. Over the past few years, the company has continued to show significant growth through increased revenue and the expansion of its global operations.
Before the offering price was set, investor demand for SpaceX shares was reported to exceed $250 billion, far surpassing the company’s fundraising target. This high level of interest has made SpaceX’s offering one of the most anticipated by both institutional and retail investors.
The $1.77 trillion valuation also highlights the strength of market confidence in the future prospects of the space industry and satellite technology. Many investors believe SpaceX is strategically positioned to capture growth across satellite communications, space exploration, and a range of next-generation technology projects.