SpaceX is reportedly eyeing a $1.75 trillion to $2 trillion IPO valuation, while private market trading has already put it near $1.5 trillion. With an implied price to sales multiple possibly topping 100, the valuation risk is obvious.
At a $75B raise, a $10B BlackRock anchor would cover roughly 13% of the SpaceX offering. That is a huge vote of confidence before the S 1 is public, but it also gives the market a floor it did not fully set itself.
SpaceX’s IPO push is getting real. Goldman Sachs will reportedly lead the deal, with other Wall Street giants expected to join what could become the biggest public debut ever.
SpaceX shareholders reportedly approved a 5 for 1 stock split ahead of its expected IPO. The move adjusts the fair market value of SpaceX shares to about $105 from $527.
SpaceX is reportedly eyeing a $1.75 trillion to $2 trillion IPO valuation, while private market trading has already put it near $1.5 trillion. With an implied price to sales multiple possibly topping 100, the valuation risk is obvious.