SpaceX, the aerospace company owned by Elon Musk, officially confirmed that its shares will begin trading on the Nasdaq on Friday, in what is expected to become the largest initial public offering (IPO) in history.
The company revealed in a filing submitted to U.S. market regulators that it has set the price for more than 555 million shares at $135 per share, placing SpaceX among the most influential companies on Wall Street with a valuation approaching $1.8 trillion.
The highly anticipated listing marks a major milestone for the company, which has transformed the space industry through satellite communications, reusable rockets, and commercial space missions.
SpaceX’s IPO is expected to raise around $75 billion, far exceeding the previous record set by Saudi Aramco’s 2019 offering, which raised approximately $29.4 billion.
The massive valuation would position SpaceX among the world’s most valuable companies and strengthen Elon Musk’s influence across technology, artificial intelligence, and space exploration markets.
The offering is expected to make SpaceX one of the first major technology and artificial intelligence-linked companies to enter public markets, ahead of potential future listings by companies such as OpenAI and Anthropic after regulatory filings.
As is customary with major IPO launches, company executives are expected to participate in the Nasdaq opening bell ceremony, which will take place at Times Square in New York.
Follow the latest news on Google News
