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Posted on 06/11/2026 1:22:16 PM PDT by RandFan
SpaceX has said shares should sell to the public for at least $135 (£100) when it becomes a publicly traded company on Friday, in what is expected to be the highest-value stock listing in history.
The estimated price is the same as the space exploration and artificial intelligence (AI) company set a week ago, lifting the firm's valuation to nearly $1.8tn.
SpaceX is aiming to raise $75bn through its initial public offering (IPO).
Should shares sell at the suggested price, or more, depending on market supply and demand, SpaceX founder and chief executive Elon Musk - already the richest man in the world - will be the world's first trillionaire.
If the company's shares sell at or above $135 when trading opens on Friday, SpaceX will immediately become one of the most valuable companies in the world.
However, it is up to investors to decide if they think the shares are worth that much.
(Excerpt) Read more at bbc.co.uk ...
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Got my order in for 15 shares. Mainly to give as gifts to kids, grandkid, and two SIL.
I will buy it in 6 months.
SpaceX seems like a good long term bet but I’m not going to try to get in on the initial frenzy. Probably smart to wait for the excitement to die down and get a better price.
Musk buying X was Yuge.
the only part of the company that is profitable is starlink ...
I will buy it in 6 months.
That’s what I’m thinking. Watch it for 3 to 6 months and then buy in.
Maybe Bernie will stop complaining about mere billionaires.
good thing Elon bailed from Delaware before doing this IPO!
Oh, you bet he will!
Now if Elon supported woke causes and the democrats, Burnie would stay mum.
It’s not the dollars he hates, it’s the dollars that don’t go to his politics.
Yes still is really and I doubt it makes anything but has outsized influence
Reminds me of when some folks bought Newspapers not because they made money but for the influence and prestige?
Just for the record, I support my fellow Texan and Great American Elon 1,000%. I hope he becomes worth 10 Trillion!
Apple stock IPO opened at $22 in 1980.
A $1000 initial investment would have yielded 45 shares.
With all of the splits, it would be valued at $2Million today.
EC
1. Build really expensive rockets and send somebody (else) to Mars.
2. ??
3. Profit.
With its size it will likely get included in index funds. It sounds like more of an exit strategy than the IPOs of old which were less mature.
While I expect most employees are mission driven I wonder how many employees will depart with their newfound wealth from their stock options once the lock-up period is over.
My wife worked at Apple in the early years. She had a lot of options. When there was a succession of really bad CEOs after Jobs’ departure, the stock sank 90% and I figured the company was done for. I convinced her to sell the last of her options. Then Jobs came back and turned the company around. She never lets me forget that.
I hear many staff even in the cafeteria will do nicely out of it 😂
I put in $1,000 pre-IPO. That got me 20 shares @ $50/each. But these are shares I’m planning to forget about for at least 10 years. That’s my plan anyway.
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