SPCX: SpaceX IPO Nearly Here After $75 Billion Raise Is Locked In. Ready for Liftoff.

It’s the final countdown. Launchpad is ready. The rocket is here. Question is…

🚀 10, 9, 8, 7, 6, 5, 4, 3, 2, 1…

• Are you going to the moon with Musk, who’s moments away from a trillionaire status, or are you bagholding exit liquidity? That’s the question you should ask yourself today.
• SpaceX SPCX has officially locked in its IPO pricing, setting shares at $135 apiece and raising a staggering $75 billion. The company is selling 555,555,555 shares, making this the largest public offering Wall Street has ever seen.
• The deal values Elon Musk’s space-and-AI giant at roughly $1.75 trillion, instantly placing it among the most valuable companies in the world. Not bad for a business that started with rockets exploding on launch pads and was near bankruptcy a few times.

💰 Things to Keep in Mind

• Speculation is already running hot. On Thursday, SpaceX-linked futures on Hyperliquid implied a price near $165 per share, suggesting a potential first-day pop of roughly 20%. That's the outcome bankers dream about and IPO buyers post screenshots of.
• Underwriters also hold an option for another 83 million shares, potentially adding roughly $11 billion to the raise. Apparently, when you're building rockets, "go big or go home" isn't just a slogan.
• The catch? Nobody really knows what’s going to happen. This offering combines record size, limited float, intense retail participation, and one of the world's most polarizing CEOs. There is no historical playbook for something quite this large.

📊 The Numbers Behind the Hype

• Buying SpaceX at a $1.75 trillion valuation is ultimately a bet on future dominance. The company generated $4.69 billion in first-quarter revenue, up 15% from a year ago. Full-year 2025 revenue climbed 33% to $18.67 billion.
• Profitability remains elusive. SpaceX reported a quarterly net loss of $4.28 billion after losing $4.94 billion in 2025. Investors aren't buying today’s earnings, apparently. They're buying a vision of what the company could become.
• That’s why Friday’s debut will get billions sloshing around. Some see the gateway to the next era of AI, space infrastructure, and Musk-led innovation. Others see a trillion-dollar valuation attached to a company still burning cash.
• Either way, by the end of the day, someone will be celebrating a moon landing — and someone else may be wondering where all the oxygen went.