Musk's SpaceX prices record $75B IPO at $135 a share

https://www.reuters.com/world/musks-spacex-prices-record-75-billion-ipo-135-share-2026-06-11/

by TechTechTech • 1 month ago

13 9 1 month ago

reuters.com

akagusu• 1 month ago

How long will it sustain this price after the IPO?

ben_w3• 1 month ago

With Tesla as the reference class, long enough to render shorters insolvent.

verzali• 1 month ago

I am curious what happens to Tesla stock now. I always viewed it as a way to invest in Musk, rather than in a car company. But SpaceX would seem a better fit for that now. Teslas underlying value is much lower.

flowerlad• 1 month ago

Goldman Sachs projects SpaceX’s total revenue to reach $474 billion in 2030, up from $18.7 billion last year. That’s 25x in just 4 years. It shouldn’t take long to check if real growth is along this predicted trajectory. But by that time Elon Musk will have sold enough of his shares. We will pay through index funds in our 401(k).

SilverElfin2• 1 month ago

Goldman is also the lead underwriter of the IPO as I recall, so their valuation analysis is a conflict of interest. See Morning Star, who values SpaceX as half the value they’re seeking:

https://www.morningstar.com/stocks/spacex-what-investors-nee...

SilverElfin2• 1 month ago

Not long unless they bend the rules. The voting control, the restrictions on shareholder lawsuits, the fast track rules for NASDAQ, the shell game of different companies, etc is all meant to prop up a price that doesn’t make sense. Otherwise they would behave like everyone else and do a normal IPO. They can’t do that because it won’t keep its price.

msie• 1 month ago

Very sad news to hear Elon Musk winning.

Musk's SpaceX prices record $75B IPO at $135 a share

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