SpaceX IPO: Know date, price, valuation, how to buy and other important details

Elon Musk's SpaceX is preparing for what could become the largest initial public offering in history, with the rocket and satellite giant seeking to raise $75 billion at a valuation of about $1.75 trillion. Investor appetite has been overwhelming, with demand reportedly running at nearly four times the shares on offer, per Reuters. Here are important details investors should know.

SpaceX is expected to wrap up its investor roadshow this week. The IPO is scheduled to be priced on June 11, while the company's shares are set to begin trading on the Nasdaq on June 12.

The company has fixed its IPO price at $135 per share. Through the offering, SpaceX aims to raise $75 billion, implying a valuation of approximately $1.75 trillion.

While SpaceX is targeting a valuation of $1.75 trillion through its $75 billion IPO, some analysts have expressed concerns about the pricing. Morningstar said in a note published on Monday that the company appears "significantly overvalued" and suggested investors may find better entry opportunities after the stock starts trading.

Indian retail investors are unlikely to receive IPO allocations, as the U.S. book-building process does not provide a mechanism similar to India's ASBA system. For most Indian investors, the practical option would be to purchase shares after listing through international investing platforms or via NSE IX in GIFT City.

Despite strong investor interest, SpaceX remains loss-making. For 2025, the company reported revenue of $18.67 billion and a net loss of $4.94 billion. Investor optimism is largely tied to future growth opportunities in satellite broadband, launch services, defence contracts and AI-related businesses rather than current profitability.

The IPO is reportedly being structured as an all-primary issue, meaning the entire proceeds from the offering will go to the company. Existing shareholders will not sell shares as part of the IPO and will continue to be subject to lock-in restrictions after the listing.

Elon Musk is expected to retain effective control of the company even after the IPO. Regulatory filings indicate that he will hold about 82.4% of voting rights through Class B shares, which carry ten votes per share. Public investors will receive Class A shares, which come with one vote per share.

SpaceX's debt profile remains an area to watch. According to a Reuters report citing regulatory filings, the company secured a $20 billion bridge loan in April to refinance a significant portion of its existing debt ahead of the IPO. The loan was provided by a syndicate of lenders that was not identified. Under the loan terms, SpaceX could be required to use IPO proceeds to repay the borrowing if it is not refinanced or repaid through other sources within six months of the offering.

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