SpaceX Reveals $269 Million Tesla Megapack Purchase in $74.4 Billion IPO Filing
SpaceX’s latest SEC filing revealed that it bought $269 million worth of Tesla Megapacks in April 2026 and, for the first time, laid out expected pricing for the company’s initial public offering. The filing says SpaceX plans to sell about 555.55 million shares at $135 each, generating about $74.4 billion of net proceeds and implying a valuation of roughly $1.75 trillion, though the figures may change before the offering.
The purchase adds to $430 million of Megapack purchases last year. In an earlier amended filing, SpaceX said up to 5% of the IPO would be reserved for certain employees and executives’ friends and family without lock-up restrictions, while more than 60% of shares, including Elon Musk’s stake, would remain under extended lock-ups, with Musk’s holdings subject to a 366-day restriction.
From the sources (19 posts)
@techmemeNasdaq, FTSE, and other index providers are aggressively shortening entry timelines to accommodate SpaceX's $75B IPO, as Elon Musk targets retail investors (Bloomberg) (Visit Techmeme dot com for the link and full context!)
@danprimackSpaceX files S-1(a), but NOT with pricing terms.
@businessSpaceX will reserve up to 5% of shares in its upcoming initial public offering for certain employees and friends and family of its executive officers, the company disclosed in an amended filing
@deitaoneSPACEX RESERVES 5% OF IPO SHARES FOR INSIDERS SpaceX will allocate up to 5% of its IPO shares to employees and executives’ friends and family, according to an updated filing. Unlike most IPO investors, participants won’t face lock-up rest
@firstsquawkSPACEX IS ALLOCATING UP TO 5% OF ITS IPO SHARES TO INSIDERS WITH NO LOCK-UP RESTRICTIONS, WHILE TARGETING A VALUATION OF AT LEAST $1.8 TRILLION.
@marketnews_feedSPACEX IS ALLOCATING UP TO 5% OF ITS IPO SHARES TO INSIDERS WITH NO LOCK-UP RESTRICTIONS, WHILE TARGETING A VALUATION OF AT LEAST $1.8 TRILLION. ...
@techmemeSEC filing: SpaceX will reserve up to 5% of its Class A shares for select employees and executives' friends and family; 60%+ of shares have an extended lock-up (@charliecapel / Bloomberg) (Visit Techmeme dot com for the link and full conte
@zerohedgeSpaceX IPO Update: New Filing Reveals Friends & Family Share Allocation, Anthropic AI Deal, And Water Risk
@edludlowRT @business: SpaceX will reserve up to 5% of shares in its upcoming initial public offering for certain employees and friends and family o…
@sawyermerrittSpaceX filed its amended IPO filing (S-1/A) today. Here's everything new that I found: • In relation to acquisitions, divestitures, or other strategic transactions, @SpaceX says they "may issue a significant amount of equity in connection
@garymarcusRT @egrefen: SpaceX being rammed into indices with no profit requirements, seasoning, and generally looser constraints is economic terroris…
@ns123abcBREAKING: SpaceX compute deal with Anthropic includes ~325,000 NVIDIA GPUs across COLOSSUS and COLOSSUS II, plus hyperscale CPUs, exabyte storage, and high-speed interconnects $1.25B/month through May 2029
@sawyermerrittSpaceX in new filing: "At our request, the underwriters have reserved up to 5% of the shares of Class A common stock offered by this prospectus for sale at the IPO price through a directed share program to certain employees and persons sel
@ns123abc🚨 SPACEX CEO SAYS ANTHROPIC COMPUTE DEAL IS SHORT TERM “Let’s not get carried away. This is a short-term deal.”
@garymarcusPrediction: Nobody knows when this will all collapse, but 2026 will be remembered in hindsight as the year in which retail investors and index funds were left holding the bag.
@garymarcusElon was right that what OpenAI did in its for profit turn was shameful. But what he is doing with the SpaceX, at the likely expense of many people’s retirement funds, is just as shameful.
@scaling01
@garymarcusRT @Playerinthgame: Kiss your pensions goodbye, folks May 20 - SpaceX's (SPCX) S-1 filing Ludicrous targeted valuation: $1.8T despite $4.2…
@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.