SpaceX: To Buy or Not to Buy?

Why analysts say SpaceX is worth nearly $2 trillion, and why they say it isn’t.

A SpaceX Super Heavy booster carrying the Starship spacecraft lifts off on its 12th test flight at Starbase, Texas, on May 22, 2026. Steve Nesius/Reuters

News Analysis

The initial public offering of 555,555,555 shares in Elon Musk’s SpaceX, priced at $135 per share, will raise $75 billion. This pricing gives the company a market value of $1.77 trillion, making SpaceX one of the world’s 10 most valuable companies and making this the largest IPO in history.