Ordinary People Can Invest In SpaceX IPO: Here’s How—And Why It’s Risky
Key takeaways
- A much-anticipated stock debut for Space X is expected to offer retail investors unusually broad access, but some analysts have warned that early exposure to Elon Musk’s aerospace firm will likely be risky.
- That would value SpaceX at about $1.77 trillion, ranking ahead of Saudi Aramco’s record valuation of $1.7 trillion in 2019, with trading expected to begin on June 12.
- The final IPO price will be set on June 11 and could shift based on investor demand and other market conditions, according to SpaceX.
Topline. A much-anticipated stock debut for Space X is expected to offer retail investors unusually broad access, but some analysts have warned that early exposure to Elon Musk’s aerospace firm will likely be risky.
Elon Musk’s firm said it would offer shares at $135 each. AFP via Getty Images Key Facts Space X disclosed to the Securities and Exchange Commission that it would offer 555.6 million shares at an IPO price of $135 per share to raise a record-setting $75 billion, and the company is reportedly considering allocating as much as 30% of the offering to individual investors.
That would value SpaceX at about $1.77 trillion, ranking ahead of Saudi Aramco’s record valuation of $1.7 trillion in 2019, with trading expected to begin on June 12.