SpaceX Confirms IPO Price at $135, Set for Record-Breaking Listing

Aerospace company SpaceX has set its initial public offering (IPO) price at $135 per share, Reuters reported on June 11 (local time).

This confirms the preliminary offering price that was previously announced.

While companies typically present a price range ahead of an IPO, SpaceX took the unusual step of fixing the preliminary price at $135 per share from the start.

With this, SpaceX will sell 555.56 million shares to raise $75 billion (approximately 113.8 trillion won).

This is expected to be the largest IPO in history, surpassing the previous record of $29.4 billion set by Aramco in 2019.

Based on the offering price, SpaceX's market valuation will reach $1.77 trillion, likely placing it among the top 10 publicly traded companies globally.

The largest shareholder is founder and CEO Elon Musk, who will retain 84% of the voting rights following the IPO through dual-class stock structures.

Valor Equity Partners is the second-largest shareholder, while SpaceX President Gwynne Shotwell and CFO Bret Johnsen are also listed as major shareholders.

SpaceX is scheduled to be listed on Nasdaq and Nasdaq Texas today, June 12.
※ Please note: This article was translated by AI and may contain errors.