SpaceX's anticipated IPO, priced at
$135 per share, is aimed at achieving a market value of
$1.75 trillion. However, Aswath Damodaran, the
dean of valuation, asserts the company's actual worth may be only
$1.3 trillion.
The company's strategy includes issuing
555.6 million shares, making it potentially the
eighth-largest public company upon going public. Selling at this IPO price positions SpaceX for significant financial success, but it also implies that it must triple in value to match industry leaders.
With an impressive
30% or $22.5 billion in shares allocated for retail investors, SpaceX's IPO has drawn significant attention, especially as retail access is uncommon in blockbuster offerings typically dominated by institutional buyers. Despite the hype,
Fidelity has adjusted its criteria, allowing investments from
$2,000 to facilitate broader participation from the retail sector.
As excitement builds around SpaceX's public offering, experts caution prospective investors about expectations.
"Investors who buy SpaceX on the IPO day will have to dramatically lower their growth expectations," Damodaran remarked, suggesting caution even amidst optimism about this significant IPO.
Sources: 
SpaceX is set to go public with shares priced at $135, aiming for a market cap of $1.75 trillion, yet NYU finance professor Aswath Damodaran estimates its value at about $1.3 trillion, highlighting skepticism about the offering’s true worth amidst significant retail investor interest.
