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SpaceX Announces Date and Price Target for IPO
SpaceX is planned to go public on Nasdaq on June 12, 2026. The company aims to raise $75 billion in cash, while Musk will retain his voting power...
Plans for SpaceX's initial public offering are becoming clearer. The company aims to start trading on the US Nasdaq stock exchange on June 12, 2026.
A fixed price of $135 per share is planned for the IPO. Within this framework, 555.6 million shares will be offered for sale, aiming to raise approximately $75 billion in cash.
It is noted that if the sale expands with additional options, the total amount could reach up to $86 billion. In such a case, the size of the IPO would reach a remarkable level.
If this plan materializes, the transaction will be one of the largest IPOs ever conducted. The report states that this size would surpass the previous record of $29 billion held by Saudi Aramco by a wide margin.
The IPO envisions one voting right per Class A share. The Class B shares that Elon Musk will retain will carry 10 votes per share.
This structure will allow Musk to maintain his voting power even if he opens a significant portion of the company to the public. According to the planned arrangement, Musk's voting share will remain at 82.4%, preserving his decisive role in decision-making.
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