SpaceX (NASDAQ: SPCX), the rocket and space transportation company founded by Elon Musk, is set to make its public market debut on Friday, June 12, targeting an IPO price of $135 per share.
The company is currently valued at $1.75 trillion, a figure that overshadows the combined market capitalizations of several major aerospace and defense companies.
Yahoo Finance Senior Business Reporter Ines Ferré broke down which aerospace companies, when combined, still fall just short of matching SpaceX’s staggering private valuation.
The sheer scale of SpaceX’s valuation underscores just how dominant the company has become in the commercial space and launch services industry over the past decade.
SpaceX is expected to list on the Nasdaq exchange, marking one of the most anticipated public offerings in recent memory and certainly the largest in the aerospace sector.
The $135 per share IPO price places the company firmly in territory that dwarfs traditional defense and aerospace incumbents that have operated publicly for generations.
Rival aerospace and defense firms, including long-established contractors and manufacturers, have collectively struggled to match the valuation momentum that SpaceX has generated as a private entity.
The listing arrives at a moment of intense investor interest in space infrastructure, satellite deployment, and commercial launch capabilities, sectors where SpaceX has established commanding operational advantages.
SpaceX’s move to go public follows years of speculation about when, or whether, Musk would ever allow the company to list, given his historically cautious stance toward public market pressures on long-term innovation.
The IPO is expected to draw significant institutional and retail investor demand, with analysts watching closely to see whether the opening day trading reflects or surpasses the $1.75 trillion pre-listing valuation.
The debut will also serve as a critical benchmark for the broader new space economy, potentially setting valuation precedents for other private space ventures eyeing their own eventual public listings.
