WALL STREET — Elon Musk’s SpaceX has officially raised a staggering $75 billion from major financial firms just ahead of its historic debut as a publicly traded company. Scheduled to open for trading on Friday, the launch is widely projected by financial experts to become the highest-value stock listing in global history.
In an official filing with the US Securities and Exchange Commission (SEC), the space exploration and artificial intelligence (AI) pioneer disclosed that it had successfully sold $75 billion in shares, priced at $135 each. This pricing perfectly matches the firm’s aggressive estimates from last week, bringing SpaceX’s expected initial stock market valuation to an unprecedented $1.8 trillion.
At this monumental valuation, Chief Executive Elon Musk—who already holds the title of the richest man on Earth—is legally positioned to become the world’s very first trillionaire.
Market Expectations and Volatility
Once the opening bell rings and shares officially start trading on the technology-focused Nasdaq index, their value will fluctuate based on public demand and the volume of shares made available in the Initial Public Offering (IPO). Financial analysts note that if the stock opens at or above the target price of $135, SpaceX will instantly leapfrog some of the oldest conglomerates to become one of the most valuable public corporations on the planet.
However, the ultimate price tag remains in the hands of global investors. Interest among massive investment funds and everyday “retail investors” is hitting an all-time high. Major global brokerages, including Oppenheimer, have already issued bullish predictions, setting short-term target prices as high as $190 per share due to intense market hype.
Voices from the Industry and Investors
The excitement is drawing in tech and crypto investors worldwide. Peta Cooper, a 43-year-old copywriter currently living in Cornwall, shared her plans to invest around £750 into the launch.
“It’s really exciting. I really love the space industry,” Cooper stated, highlighting her background growing up in California. “[SpaceX] has a phenomenal track record so far with their launches and constant innovation. I plan to keep it in my portfolio for the long term and let it grow.”
Reflecting on how far the company has come, Tom Mueller, SpaceX’s very first official employee and current founder of Impulse Space, expressed his disbelief at the current valuation. Mueller recalled the early, turbulent days of the company when rocket engines routinely exploded or crashed during test phases before finally achieving a successful orbit in 2008.
“It’s just been an incredible ride,” Mueller remarked. Though he left the corporation in 2020, he still maintains a significant financial stake in the aerospace giant.
A Massive Test Case for Silicon Valley
Wall Street is viewing the SpaceX Nasdaq listing as a crucial litmus test for other private tech titans creeping toward trillion-dollar valuations. Artificial intelligence frontrunners like OpenAI and Anthropic are reportedly monitoring today’s launch closely, as both firms have expressed plans to go public later this year.
