SpaceX’s Historic IPO
SpaceX (NASDAQ: SPCX) is set to debut on the public market with an initial stock price of $135 per share, aiming to raise $75 billion and achieve a market valuation of approximately $1.77 trillion. This marks the largest initial public offering (IPO) in history.
The success of SpaceX’s future hinges on the development of its fully reusable Starship rocket, which is projected to carry 100 metric tons of payload—over four times the capacity of its current rockets. Analysts suggest that achieving this could reduce launch costs and enable the creation of orbital data centers, potentially generating $225 billion in annual revenue by 2035.
5 Stocks Our Experts Predict Could Double In the Next Year
By submitting your email, you'll also get a free pivot & flow membership. A free daily market overview. You can unsubscribe at any time.
