SpaceX Priced Its IPO at $135, So Wall Street Cynics Can Go Kick Rocks
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- Space X set its IPO price on Wednesday at $135 per share, targeting a valuation of at least $1.75 trillion.
- For context, even Google let the market decide in 2004.
Space X Priced Its IPO at $135, So Wall Street Cynics Can Go Kick Rocks Thornton Mc Enery Thu, June 4, 2026 at 12:26 AM GMT+7 3 min read SPAX.PVT GOOG UFO NVDA Space X Priced Its IPO at $135, So Wall Street Cynics Can Go Kick Rocks - Moby BREAKING NEWS Our analysts just identified a stock with the potential to be the next Nvidia. Tell us how you invest and we ll show you why it s our #1 pick. Tap here.
Space X set its IPO price on Wednesday at $135 per share, targeting a valuation of at least $1.75 trillion. Cool number, right?
But let’s be clear about what this means, because rather than running a traditional book-building process where institutional investors bid for shares and the market collectively discovers what the company is worth, Elon Musk is simply telling investors the price and inviting them to participate or not. For context, even Google let the market decide in 2004. Elon has rather predictably decided the market s opinion really shouldn t matter when it comes to his big baby space company.