SpaceX Sets $135 Share Price Ahead of Nasdaq Debut

BBC Business reported Wednesday that SpaceX has disclosed a $135-per-share target price in a US Securities and Exchange Commission filing. The figure puts the rocket and infrastructure company’s self-assessed value at roughly $1.75 trillion. The disclosure came more than a week before its planned June 12 Nasdaq debut.

An Unusually Early Price Signal

Companies planning a public listing almost never publish an estimated share price until the day before trading opens. SpaceX’s decision to do so this far in advance is, according to BBC Business, likely one of the earliest such disclosures in stock market history. The $135 figure is not binding. Final pricing will be set by market buyers, and the number could move in either direction.

Also Read: What Is an IPO and How Does It Work? — Investopedia

Background: A Valuation That Has Climbed Fast

SpaceX was valued at $1.25 trillion earlier in 2026, making the new $1.75 trillion figure a substantial jump in a matter of months. At that level, the company would rank among the most valuable publicly traded businesses in the world. Elon Musk, who holds more than 80% of SpaceX’s shares, could cross the trillionaire threshold if the stock sells at or above target. No individual has previously reached that threshold.

Also Read: Dealogic Capital Markets Research

Rich Pricing Draws Scrutiny

Analysts are already flagging the valuation as aggressive. Samuel Kerr, head of equity capital markets research at Mergermarket, told BBC Business the price-to-sales ratio SpaceX is asking investors to accept exceeds that of every member of the so-called Magnificent Seven, a group that includes Alphabet, Amazon, Apple, Meta, Nvidia, Microsoft and Tesla. Kerr noted the company is being priced on projected future earnings rather than current revenues, which he said some investors may accept.

Not everyone is cautious. Ruth Foxe-Blader, managing partner at venture capital firm Citrine Venture Partners, previously described SpaceX as a sprawling enterprise with an unusually wide array of revenue lines pointing toward future growth. SpaceX’s portfolio spans launch services, satellite internet via Starlink and artificial intelligence through xAI.

History does temper optimism. Research from Dealogic shows that nearly half of all companies that went public over the past three decades traded below their listing price over time.

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