SpaceX Prices Historic IPO at $135 Per Share, Raising $75 Billion; Related Space Stocks Jump 5-11%

On Thursday, SpaceX officially priced 555.6 million shares at $135 each, raising $75 billion and valuing the company at approximately $1.8 trillion. Underwriters also hold an option to purchase an additional 83 million shares, which could increase total proceeds by $11 billion.

Retail investors submitted more than $100 billion in orders for SpaceX shares, significantly exceeding the deal size. Following the pricing announcement, shares of AST SpaceMobile (ASTS), Rocket Lab (RKLB), Redwire (RDW) and EchoStar (SATS) climbed between 5% and 11% in extended after-hours trading, fueling optimism across the broader space sector.