Exclusive-SpaceX targets $1.75 trillion valuation including greenshoe option in record IPO, sources say
Key takeaways
- Exclusive-Space X targets $1.75 trillion valuation including greenshoe option in record IPO, sources say By Echo Wang Tue, June 2, 2026 at 11:31 PM GMT+7 1 min read SPAX.PVT By Echo Wang
- June 2 (Reuters) - Space X, Elon Musk s rocket and satellite company, plans to raise at least $75 billion in its record initial public offering, two people familiar with the matter told Reuters on Tuesday.
- The greenshoe option gives underwriters the right to sell additional shares if investor demand exceeds expectations.
Exclusive-Space X targets $1.75 trillion valuation including greenshoe option in record IPO, sources say By Echo Wang Tue, June 2, 2026 at 11:31 PM GMT+7 1 min read SPAX.PVT By Echo Wang
June 2 (Reuters) - Space X, Elon Musk s rocket and satellite company, plans to raise at least $75 billion in its record initial public offering, two people familiar with the matter told Reuters on Tuesday.
After early meetings with investors, or a "testing the waters" process, the company has indicated it is targeting a valuation of $1.75 trillion, including a greenshoe option, the sources said, requesting anonymity to discuss confidential information. The greenshoe option gives underwriters the right to sell additional shares if investor demand exceeds expectations.