SpaceX has confirmed the pricing of its initial public offering at $135 per share. The company sold 555,555,555 shares to raise $75 billion, establishing a valuation of approximately $1.77 trillion. Trading is scheduled to commence on June 12 on the Nasdaq exchange under the ticker SPCX.
The details were reported by Reuters, The Wall Street Journal, The New York Times and Axios following the June 11 pricing announcement. A company statement and update on spacexipo.com align with these figures and note that Elon Musk retains roughly 82 percent control after the offering.
BlackRock submitted an order of at least $5 billion, with other large institutional managers also participating according to The Wall Street Journal. The structure includes a targeted 30 percent allocation for retail investors, though institutions are expected to account for the majority of early activity.
All figures and timelines above are confirmed through primary company documents and multiple independent news outlets. Any expectations about the precise opening price, initial trading volume or subsequent price movements remain speculative.
Canadian investors can access the shares once trading begins through standard brokerage accounts that support U.S. listed securities. Currency conversion between Canadian and U.S. dollars, along with routine foreign-security reporting requirements, will apply to any positions. The listing may also appear in certain global or sector-focused funds available to Canadian investors.
- Official pricing locked at $135 per share for 555,555,555 shares
- $75 billion raised at $1.77 trillion valuation
- BlackRock order of at least $5 billion
- Trading begins June 12 on Nasdaq under SPCX