SpaceX Broadens Access to $75 Billion IPO as Fidelity Lowers Threshold to $2,000
SpaceX is broadening access to its planned $75 billion initial public offering, with Fidelity making shares available to retail brokerage customers with at least $2,000 in their accounts, E*Trade creating a supplemental allocation process for Tesla shareholders who have held the stock for at least 10 years, and JPMorgan Chase CEO Jamie Dimon set to pitch the deal to some of the bank’s richest clients. The company is offering 555.6 million Class A shares at $135 each, terms that imply a valuation of about $1.75 trillion.
The wider distribution effort shows SpaceX is leaning more heavily on individual investors than many large listings. Fidelity said it lowered its eligibility threshold from as high as $500,000 because SpaceX reserved up to 30% of the offering for retail clients. SpaceX’s IPO FAQ says the final price is due June 11 and trading is expected to begin June 12 on Nasdaq under the ticker SPCX, while E*Trade said any allocation may be smaller than requested or not received at all.
From the sources (25 posts)
@sawyermerrittSpaceX has just revealed that it purchased $269 million worth of @Tesla Megapacks in April 2026, according to a new filing. This is on top of the $430 million worth of Megapacks that SpaceXAI bought last year.
@ajenglishElon Musk’s SpaceX targeting $1.77 trillion valuation in blockbuster initial public offering (IPO)
@reutersSpaceX wins Texas tax breaks for chip project, ahead of record IPO
@mossadil🚨 SPACEX IPO COULD MAKE ELON MUSK THE WORLD’S FIRST TRILLIONAIRE According to CNBC, @SpaceX is preparing to offer shares at a fixed IPO price of $135 per share. That would reportedly value SpaceX at around $1.75 to $1.77 trillion and cou
@reutersSpaceX set a $135 price for shares in its initial public offering, upending the longstanding Wall Street price-discovery apparatus and underscoring Elon Musk’s determination to raise record sums his way
@reutersbizWATCH: SpaceX set a $135 price for shares in its initial public offering, upending the longstanding Wall Street price-discovery apparatus and underscoring Elon Musk’s determination to raise record sums his way https:
@theinsiderpaperSpaceX seeks a record $75 bn in stock market debut
@techmemeSpaceX wins a property tax exemption for its planned $55B Terafab chip facility in Texas, despite Texans threatening legal action, amid local opposition to AI (@sjfindlay / Financial Times) (Visit Techmeme dot com for the link and full con
@businessSpaceX's upcoming IPO will make billions for Elon Musk — but at $135 per share, the world might have to wait a little longer for its first trillionaire 📷️: Andrew Harnik/Getty Images
@businessWall Street’s biggest banks are racing to line up investors to buy $75 billion of SpaceX stock, just the first in what could be a series of blockbuster IPOs.
@afp🚀 SpaceX, the rockets-to-AI behemoth led by Elon Musk, aims to raise $75 billion in the biggest initial share sale ever, as the world's richest person pursues data centers in space and a trip to Mars. ➡️ https://t.c
@sawyermerrittAnd so it begins. Sofi users can now submit their indication of interest for @SpaceX IPO shares. Sofi is one of a handful of brokerages listed in SpaceX’s S-1 filing to allocate IPO shares to retail investors.
@sawyermerrittSofi has also confirmed that SpaceX is currently on track to IPO on June 12th. (dates subject to change)
@deitaone$SPCX IPO: $75B RAISE TARGET SPCX Space Exploration Technologies has filed for an IPO of 555.56 million Class A shares, according to an SEC filing. The offering is expected to be priced at $135 per share, implying a potential capital rai
@sawyermerrittSpaceX has introduced a new website for its IPO, which includes some figures, documents and an FAQ page:
@sawyermerrittHere is the FAQ section on @SpaceX's new IPO website: What is the timeline for the IPO? The IPO process begins with a roadshow starting on June 4th. The final IPO share price will be set on June 11th, and shares are expected to begin publi
@sawyermerrittSpaceX has released its full IPO roadshow presentation that it's showing to investors. Here are some of the most important slides:
@businessSpaceX set out its IPO pitch to retail investors early on Thursday with a video in which CFO Bret Johnsen joins the dots between the company’s rocket, satellite and AI businesses
@stocksavvyshay$SOFI users can now sign up for a chance to buy SpaceX IPO shares before the expected June 12 debut. Active Investing users can submit non-binding interest now and confirm orders before listing with limited allocations not guaranteed. http
@sawyermerrittFidelity has announced that it is making the SpaceX IPO available to any customer with a retail brokerage account with $2,000 or more in the account (down from up to $500k before). "SpaceX has decided to reserve a much higher percentage of
@sawyermerrittHere is @SpaceX's full IPO roadshow presentation from CFO Bret Johnson, who has been CFO at the company for the last 15 years. It's worth watching.
@stocksavvyshayGoldman Sachs projects SpaceX AI revenue could grow 100x to $322B by 2030 making AI the core case behind its reported $1.8T IPO valuation. The forecast assumes total revenue reaches $474B by 2030 with AI becoming the largest segment ahead
@andrewcurran_Goldman Sachs projects SpaceX's AI revenue to rise from $3.2B to $322B(!) by 2030. Compute-as-a-service making up a large part of it I'm sure. Total revenue is forecast to reach $474B, with Starlink at $144B and rockets at $8.3B. Reporting
@reutersSpaceX sets $135 price for blockbuster IPO, upending Wall Street convention
@deitaone$SPCX - SPACEX IPO SETS $75B RECORD LISTING TERMS SpaceX set IPO terms at $135 per share, raising about $75 billion through 555.6 million shares, implying a $1.75 trillion valuation. The roadshow begins with institutional orders processed