SpaceX · Tesla · Elon Musk · CoinDesk
SpaceX is planning to set the price of its initial public offering at $135 per share in a deal
Compiled by KHAO Editorial — aggregated from 2 sources. See llms.txt for citation guidance.
✓ KHAO Verified
The aerospace company plans to sell 555.6 million shares as part of the offering, according to the filing.
Key facts
- SpaceX is planning to set the price of its initial public offering at $135 per share in a deal that would raise a record $75 billion and value the company at $1.75 trillion, the company said U.S
- SpaceX held 18,712 bitcoin with a fair value of $1.29 billion as of March 31, making it one of the larger known corporate holders of the cryptocurrency
- The aerospace company plans to sell 555.6 million shares as part of the offering, according to the filing
- Presto Research says bitcoin's drawdowns this year have coincided with rallies in AI stocks and gold as markets scale back expectations for Fed rate cuts
Summary
SpaceX plans to price its initial public offering at $135 a share, which would raise about $75 billion and value the company at roughly $1.75 trillion. The listing would bring SpaceX’s 18,712-bitcoin treasury, worth about $1.29 billion as of March 31, into public markets and give shareholders indirect exposure to the cryptocurrency. Investors and analysts are watching how the IPO, along with other large tech and AI fundraisings, could divert risk capital from crypto and whether any future combination of SpaceX and Tesla would concentrate one of the largest corporate bitcoin holdings. SpaceX is planning to set the price of its initial public offering at $135 per share in a deal that would raise a record $75 billion and value the company at $1.75 trillion, the company said U.S. Securities and Exchange Commission.