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The information provided on EL7.AI is for educational and informational purposes only and does not constitute financial advice.
In a move reflecting immense confidence in the future of space technology, SpaceX's initial public offering has moved forward with a set share price of $135. According to Reuters reports, the IPO has drawn $150 billion in demand for the 555.6 million shares on offer, placing the company's target valuation at a historic $1.8 trillion. However, investors from China and Hong Kong were barred from the offering due to regulatory concerns, even as JPMorgan leads the massive momentum ahead of next week's debut.
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Sign InThis $1.8 trillion valuation places SpaceX among the world's tech titans, significantly eclipsing the market caps of major aerospace and defense peers. Per market data, this debut dwarfs previous tech IPOs like Rivian, which raised approximately $12 billion in 2021 amid high investor interest (per Reuters citations). This level of oversubscription reflects intense institutional desire for exposure to the commercial space sector and Starlink's expansion, despite the geopolitical restrictions placed on certain Asian investment hubs.
Investors should watch the official start of trading next week as the primary catalyst for price action around the $135 IPO level. Looking at the economic calendar, the market awaits Fed Chair Powell's speech on May 31, 2026, which could influence risk appetite for mega-cap listings. Additionally, the US ISM Manufacturing PMI data due on June 1, 2026, will be a key indicator for the broader investment environment as SpaceX begins its public life.
Update: Goldman Sachs has officially launched the SpaceX IPO roadshow, presenting a highly optimistic outlook for the company's financial future. The bank forecasts a massive 100-fold increase in revenue by 2030, further bolstering the momentum surrounding the $135 IPO price.