LSE:CF 12 December 2025

June 11, 2026, 9:36 AM EDT. SpaceX is set to launch its record $1.77 trillion initial public offering (IPO) on June 12, aiming to raise $75 billion by selling shares at $135 each under the ticker SPCX. The offering reflects robust investor interest in AI and high-growth tech firms but faces scrutiny over its lofty valuation, trading at about 94 times trailing sales despite a $4.94 billion loss on $18.67 billion revenue in 2025. Analysts remain divided: some view it as a speculative leap, while others see potential for a Musk-led conglomerate merger with Tesla, leveraging SpaceX's AI computing infrastructure and its $920 million monthly Google deal. The IPO is reportedly oversubscribed, signaling possible volatile trading on debut.