Episode

SpaceX’s $1.7T IPO Gamble

Podcast
Business News Today | 2 Min News | The Daily News Now!
Published
Jun 6, 2026
Duration seconds
105
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Summary

SpaceX is launching what could be the largest IPO in history, targeting a valuation over $1.7 trillion—placing it among the world’s top nine most valuable companies. With a fixed $135 share price and 555 million shares up for grabs, the offering could net $75 billion. Despite nearly $19 billion in revenue last year and a $5 billion net loss, the stock is priced at an eye-popping 94x sales, far above tech giants like Apple and Nvidia. Investors are betting big on SpaceX’s long-term space ambitions and Elon Musk’s AI ventures through xAI, knowing the stock will likely be a wild ride from day one. This unprecedented move underscores the bold fusion of space tech and finance, with the world watching closely. Support the show: Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN: [email protected] This is an automated, high-level news summary based on public reporting. Report issues to [email protected]. View sources & latest updates: https://sources.thednn.ai/201ed9ed2f761513