SpaceX eyes a $135 IPO price, targeting a $1.77 trillion valuation as investors watch CNBC reports of the plan

SpaceX is reportedly moving toward a public offering with a target IPO price that would value the company at an extremely high level, according to CNBC. The outlet’s coverage says SpaceX is aiming for an IPO share price of $135, a figure tied to a valuation of roughly $1.77 trillion.

The potential IPO price and implied valuation are significant for several reasons. First, SpaceX is already one of the most closely watched private companies in the world, with wide attention on its commercial rocket business, satellite and internet ambitions, and its expanding role in government launches. Because it remains privately held, details around its path to becoming public can heavily influence investor expectations and market comparisons to other mega-cap technology and industrial firms.

In reports highlighted by CNBC, the proposed pricing reflects the company’s negotiating position and investor appetite at the current point in the IPO timeline. IPO pricing is typically a balancing act: too low and it leaves potential upside on the table; too high and the shares may struggle to attract enough demand. By targeting $135, SpaceX would be signaling confidence in its fundamentals and future growth prospects.

A valuation near $1.77 trillion would place SpaceX among the highest-value private and public companies globally, and it would also underscore how markets are approaching space-related investment. Investors have increasingly treated space companies not only as providers of launch services, but also as firms that could scale platform-like businesses—such as communications networks, reusable launch systems, and broader deployment capabilities. A high valuation therefore suggests that the market is pricing in more than near-term rocket launches; it may be attributing substantial value to long-term expansion, including services and infrastructure that can compound over time.

The reported target price also matters for the mechanics of how investors might participate in the offering. IPOs can attract broad interest, but the final numbers depend on demand, order book activity, and market sentiment. Even when a company sets a target price range, the final offer price can change as bankers and company leadership gauge investor responses. Therefore, while $135 and the $1.77 trillion valuation are described as targets, the actual outcome could differ depending on the final structure and timing of the IPO.

CNBC’s reporting indicates that SpaceX is actively working through the process of preparing for potential public-market scrutiny. Once a company goes public, it must comply with heightened disclosure requirements, provide regular financial reporting, and respond to quarterly performance expectations. For a business like SpaceX, that transition can be a major milestone, changing how investors evaluate it and how quickly it may have to demonstrate growth, profitability trends, or progress toward strategic milestones.

The broader market context is also relevant. Space IPOs in recent years have often been driven by strong demand for growth stories, but pricing decisions remain sensitive to interest rates, broader equity market volatility, and investor risk appetite. If the market is receptive, a high valuation can be sustained; if conditions weaken, even well-regarded companies can face pricing pressure. As a result, any reported target valuation carries both investor signaling and a reminder that IPO pricing is not guaranteed.

Ultimately, the key takeaway is that SpaceX is reportedly aiming for a headline IPO share price of $135, implying a valuation around $1.77 trillion. The announcement, as covered by CNBC, reflects how investors and the financial world view the company’s scale and future prospects, as well as how intensely markets are watching the first steps toward SpaceX’s entry into public markets.

Source: CNBC