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What’s the target share price for SpaceX initial public offering? – Deseret News

What’s the target share price for SpaceX initial public offering? – Deseret News

  • New federal filings show SpaceX is targeting a $135 share price in an upcoming IPO.
  • Target pricing would lead to $75 billion in new capital, the largest on record for a public offering.
  • The IPO could make Elon Musk the world’s first trillionaire thanks to his expansive holdings.

Departing from convention, SpaceX has opted not to list a pricing range for its upcoming IPO stock offering in new SEC filings, instead issuing a single target figure of $135 per share, on the upper tier of expectations and a number the reflects Elon Musk’s high degree of confidence in investor demand for a slice of his company.

In its revised filing, SpaceX said it plans to offer 555,555,555 shares at $135 per share, raising $75 billion in new capital and…

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