Spacex is preparing for an initial public offering at a 1.75 trillion dollar valuation. The planned listing would equate to 93 times trailing sales. The company has reported steep losses in recent periods.
The planned IPO comes despite net losses of 4.94 billion dollars in 2025 and 4.28 billion dollars in the first quarter of 2026. High cash burn and significant obligations continue according to the details provided.
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SpaceX submitted its initial public offering filing to US regulators on Wednesday. The move positions the company for what could be the largest IPO ever, with a valuation exceeding $1.75 trillion.
SpaceX is scheduled to go public on Thursday at a valuation of 1.77 trillion dollars. New investors are expected to receive just 4.2 percent ownership after the offering.
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SpaceX plans to launch its initial public offering on the Nasdaq on Friday, with shares priced at $135 each. The offering is expected to raise $75 billion and value the company at about $1.75 trillion.
SpaceX began trading publicly on the Nasdaq exchange in New York on Friday, marking the end of its nearly 25 years as a private company.
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SpaceX made its historic NASDAQ debut on Friday with shares closing 19% higher. The company's valuation surged past $2 trillion, making it the sixth-largest U.S. firm by market value. The IPO raised $75 billion despite a reported loss last year.
SpaceX is scheduled to join the Nasdaq 100 index on July 7 following its record-breaking initial public offering in June. The stock rose sharply after the debut but has since declined from its peak.
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Bitcoin traded around 63000 dollars on Tuesday as market participants eyed the upcoming SpaceX initial public offering for signs of renewed risk appetite. The cryptocurrency had dipped below 60000 last week before recovering some ground.