SpaceX price tag revealed: $135 per share values company at nearly $1.8 trillion

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SpaceX price tag revealed: $135 per share values company at nearly $1.8 trillion
Photo: Joel Kowsky/AP/TT

Elon Musk's space and AI company SpaceX is scheduled to make its IPO on the U.S. Nasdaq stock exchange on June 12. The price will be $135 per share, according to documents filed with the U.S. Securities and Exchange Commission (SEC).

SpaceX plans to issue 555.6 million shares on the open market at $135 apiece. It will raise $75 billion, making the rocket company's IPO the largest in history.

This gives the company a total value of nearly $1.8 trillion, or around SEK 16.3 trillion.

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By TT News AgencyEnglish edition by Sweden Herald, adapted for our readers

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