Multiple June 9 reports indicate that SpaceX has priced its initial public offering at a fixed $135 per share, with indications of interest reaching $250 billion against a planned $75 billion raise. Reuters sources described demand as approaching four times oversubscribed, including sizable commitments from long-only funds. CNBC reporting noted that pricing and the roadshow have concluded, leaving the June 12 trading date and Nasdaq ticker SPCX unchanged.
A targeted retail allocation of up to 30 percent, or roughly $22.5 billion, stands well above the typical 5 to 10 percent range for large offerings. Orders are scheduled to close around June 10, with allocations expected the following day. This structure could broaden participation, though final mechanics for non-U.S. investors remain subject to individual broker policies.
Pre-IPO futures referenced in Barron's coverage traded near $157 on June 9, compared with the fixed $135 offer price. Such futures levels are not binding and reflect separate trading activity on platforms such as Hyperliquid. The implied valuation at the offer price is approximately $1.75 trillion to $1.8 trillion based on 555.6 million shares.
- Demand indications of 3.5x to 4x oversubscribed per Reuters sources
- Retail slice targeted at 30 percent of the raise
- Trading expected to begin June 12 under SPCX
Canadian investors seeking exposure would need to confirm availability through their brokers once secondary-market trading begins. Any position would carry standard market and currency risks associated with U.S.-listed equities. All details above derive directly from the cited June 9 Reuters, CNBC, and Barron's reports and remain subject to final allocation outcomes.